It has been an extremely limited session....>

US TSYS: It has been an extremely limited session for U.S. Tsys, with T-Notes

sticking to a 1+ tick range.

- As a reminder cash Tsy markets are closed for a Japanese market holiday.

- The space has had little reaction to weekend headlines from the WSJ which

noted that China has cancelled the planned trade talks with the U.S. amid

escalation of tariff threats.

- The Eurodollar strip trades unchanged to a tick higher last.

- Traders look to the 2-Year Note auction due later today, ahead of 5- & 7-Year

supply due later this week.

- Wednesday's Fed decision provides the highlight of the docket this week, with

a hike fully priced in focus will turn to the accompanying economic assessment

and rhetoric employed by Chair Powell in his press conference.

- T-Notes last 118.22, U.S. 10-Year cash Tsy yields closed on Friday at 3.063%.