Matters surrounding the coronavirus.........>

US TSYS: Matters surrounding the coronavirus situation continued to capture

attention in Asia hours. A clarifying statement from the White House, noting

that they have not called airlines re: suspending flight traffic to & from China

weighed on Tsys, with T-Notes having a look through Tuesday's lows before

recovering from worst levels. Contract last -0-01+ at 130-18, with yields

0.6-1.0bp lower across the curve.

- An uptick in U.S. equity indices in the wake of stronger than expected Apple

earnings also weighed on the space.

- Some flow of note again in Asia. 20.0K of the TYJ0 130.50/131.50/132.00 call

ladder traded on block, with a further 12.0K changing hands on screen. Later in

the session a 10.0K 1x2x2 USH0 159.00/161.00/162.00 call tree block was sold,

likely representing an unwind of existing positions. 20.0K of the USJ0 162.00

calls were also sold on block at the same time, which looked to be a new

position. Elsewhere, screen trade saw a 5.0K buyer of TYH0 129.75 puts.

- Eurodollar futures print unch. to -0.5 across the curve.

- The FOMC decision headlines today's docket, see email for full preview.