It had been a fairly limited session for....>

US TSYS: It had been a fairly limited session for core global bonds before fresh

risk-off flows were triggered on the back of a BBG report which noted that "if

the U.S. doesn't make any new moves that truly show sincerity, then it is

meaningless for its officials to come to China and have trade talks, according

to Taoran Notes, a WeChat blog run by state-owned Economic Daily. The article

was later carried by state-run Xinhua News Agency and the People's Daily, the

Communist Party's mouthpiece." T-Notes hit session highs on the story.

- Flow highlights including a 15.0K block buyer of the TYN9 124.00/123.00 put

spread, after interest in the spread at lower levels in Yesterday's Asia-Pac

session. There was also a 20.0K buyer of the TYN9 122.00 puts outright. FVM9

flows also focused on the downside with a ~13.7K block buyer after some earlier

interest in the option.

- Yields sit a touch lower across the curve.

- Eurodollar futures trade 0.5-4.0 ticks higher through the reds.

- UoM survey headlines the docket, along speeches from Fed's Williams & Clarida.

- T-Notes last 124-19+, U.S. 10-Year cash Tsy yields trade at 2.382%.