It looked to be another very........>

US TSYS SUMMARY: It looked to be another very risk-off day in early European

trading as equities sank and safe havens gained, but those moves have since

reversed. That said, Tsys barely took notice, TYs trading in a 5-tick range.

- Sep 10-Yr futures (TY) up 3/32 at 138-31 (L: 138-27.5 / H: 139-00.5)

- The 2-Yr yield is down 0.8bps at 0.1798%, 5-Yr is up 0.4bps at 0.3194%, 10-Yr

is down 1.3bps at 0.6659%, and 30-Yr is down 1.7bps at 1.4119%.

- Volumes on the thin side (Sep TYs ~210k at 0635ET); note Asian holidays.

- In Data, jobless claims at 0830ET the highlight, alongside May durable goods

numbers and final Q1 GDP at the same time.

- On yesterday's evidence, COVID case news will likely remain a primary focus.

- Dallas Fed's Kaplan (0930ET) and Atlanta's Bostic (1100ET) up later, with

Fed's annual bank stress test released at 1630ET.

- Supply-wise, we get $100bln in 4-/8-week bills, and at 1300ET, $41bln in 7-Yr

notes - following stop throughs at 2- and 5-Yr auctions earlier this week.

- NYFed buying $1.75bln in 20-30Y Tsys.