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TYH2 has stabilised after a very modest uptick at the re-open, operating in a 0-03+ range thus far, in close proximity to late NY levels. The contract last deals +0-03+ at 130-24+. Cash Tsys run 0.5-1.0bp richer across the curve at typing. Most of the early Asia headline flow has focused on the pre-amble ahead of Tuesday’s call between U.S. President Biden & Russian counterpart Putin, with the leaders of some of the major European nations speaking with Biden in a call and threats of U.S. financial sanctions on Russia seemingly in the offing in the case of a Russian invasion of Ukraine.