Modest risk-off flows have supported...>

BOND SUMMARY: Modest risk-off flows have supported T-Notes, after NYT reported

that "the Trump administration is considering limits to a Chinese video

surveillance giant's ability to buy American technology, people familiar with

the matter said, the latest attempt to counter Beijing's global economic

ambitions. The move would effectively place the company, Hikvision, on a United

States blacklist. It also would mark the first time the Trump administration

punished a Chinese company for its role in the surveillance and mass detention

of Uighurs, a mostly Muslim ethnic minority." T-Notes last +0-01+ at 124-06,

U.S. 10-Year cash Tsy yields at 2.421%, with yields a touch lower across the

curve. Eurodollar futures trade 0.25-1.5 ticks higher across the curve.

- Little to report for AU paper. YM -0.5 tick, XM -1.5 ticks. YM/XM at 48.0

ticks, with the cash equiv at 45.5bp. Bills trade unch.-1 tick lower through the

reds. 3-Month BBSW fixed ~5bp lower after Lowe's dovish rhetoric yesterday.

- JGB futures trade 3 ticks lower, with yields little changed across the curve

ahead of today's 20-Year JGB supply.

- German FI futures are little changed.