Limited news flow was apparent in...........>

US TSYS: Limited news flow was apparent in Asia-Pac hours, with regional

reaction to the uncertainty re: timing & location of the signing of a phase 1

Sino-U.S. trade deal that became apparent during Wednesday's NY session noted.

Tsy yields across the curve sit unch.-1.2bp lower than their respective closing

levels, off of lows, T-Notes -0-01 tick, printing at 129-09+ last. Flow wise,

there was a & 250K DV01 TU/FV/TY fly blocked overnight. Sources pointed to a

buyer of the wings after 250K & 500K DV01 purchases in Asia hours last week.

- To recap, Wednesday's notable flow favoured the upside, with over 100K TYZ9

131.00 calls lifted (on screen & via block), and decent block buying interest in

TY, UXY, US & WN also seen in the NY morning. Elsewhere, a strong 10-Year

auction stopped through WI by ~1.0bp, with the cover ratio virtually steady, a

little above the recent average, as dealer participation moderated and indirect

takedown increased.

- Eurodollar futures are virtually unch. through the reds.

- 30-Year supply and an address from Fed's Kaplan headline Thursday's local

docket.