Headline/Twitter-Watching For Fiscal Direction

Treasuries have completely reversed Wednesday's late rally, with Pres Trump appearing to backtrack overnight on stimulus (at least, on some aspects). Will be plenty of headline/Twitter-watching this morning to see where we stand on fiscal matters.

• Steepening has tentatively resumed, 5s/30s up 2+bps from late Weds low, but still 4+bps off Weds highs. The 2-Yr yield is up 0.6bps at 0.1527%, 5-Yr is up 2.2bps at 0.3339%, 10-Yr is up 3.5bps at 0.7702%, and 30-Yr is up 3.3bps at 1.5696%.
• Dec 10-Yr futures (TY) down 7.5/32 at 138-26 (L: 138-25.5 / H: 139-04.5)
• Nothing really on the data front; attention on the FOMC minutes at 1900ET (we'll put out a little preview w sell-side expectations).
• Fed speakers include NY's Williams (1400ET and 1500ET), Kashkari/Bostic/Rosengren (1440ET) on a Racism+Economy panel, though event runs through the afternoon w appearances by all 3, and Chi's Evans (1630ET).
• Also of note, the Dept of Justice to hold a rare press conference at 1100ET on a "national security matter".
• Supply: $35B 10-Yr note auction at 1300ET is the highlight, 105-/154-day bills at 1130ET too. NY Fed buys~$1.750B of 20-30Yr Tsys.