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Core global FI markets were supported by....>

US TSYS
US TSYS: Core global FI markets were supported by U.S. President Trump's latest
trade-related tweet storm. Subsequent headlines suggesting that China may pull
out of the impending Washington based trade talks & news of a U.S. bomber task
force being deployed to act as a deterrent to Iran further underscored demand.
As did weekend headlines which revealed that North Korea conducted its latest
round of missile testing. T-Notes continue to trade comfortably higher, albeit
back from best levels on the back of a SCMP source report which noted that
Chinese "chief trade negotiator and Vice-Premier Liu He is still expected to
travel to Washington this week despite US President Donald Trump threatening to
increase tariffs on China, but is now likely to delay the trip by a few days and
stay for only a short time." Cash Tsy markets were closed in Asia-Pac hours
owing to a Japanese holiday, while a UK holiday will keep the space closed
during the London morning, although that didn't prevent solid futures turnover
in Asia-Pacific hours. T-Notes last sit 16+ ticks higher on the day at 123.27+.
- Eurodollar futures trade 1.5-8.0 ticks higher on the day.
- Fed's Evans & Harker headline the domestic docket today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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