Modest pressure creeps into the Tsy space...>

US TSYS: Modest pressure creeps into the Tsy space on the back of a WSJ piece

noting that "U.S. officials said Monday they would grant a handful of temporary

exceptions to an export blacklist against Huawei Technologies Co., giving some

suppliers and customers of China's telecom giant a 90-day reprieve from tough

trade penalties...The reprieve comes hours after Alphabet Inc.'s Google unit

signalled plans to cut access to some of its most-popular features on new Huawei

smartphones. The move late Monday put a hold on those plans, according to a

person familiar with the matter." The move got going on the back of a RTRS

headline stating "GOOGLE HAS PUT A HOLD ON PLANS TO CUT ACCESS TO SOME OF ITS

MOST-POPULAR FEATURES ON NEW HUAWEI SMARTPHONES, WSJ source," referencing the

aforementioned piece.

- T-Notes have had a look through Monday's low, but the move remains limited at

writing. I'm not sure that this story told us anything that we didn't already

know.