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Rates trade with strong risk-off.......>

US TSY FLOWS: Rates trade with strong risk-off tone, Tsy futures continue to
extend highs after the NY opening bell, equities ratcheting lower (EDZ9 -25.0).
Strong rate bid on back of more US/China trade related headlines that China deal
might have to wait after the 2020 election. Futures volume spiked post
headlines, TYH>695k now.
- Overnight flow includes fast$ selling in 2s and 10s, strong buying in 4s, 7s
and 10s on the follow, swap- and deal-tied selling in short end, swap-tied
buying in belly, two-way curve flow. 
- Another day limited data, participants on watch for Nov NA-made light vehicle
- The 2-Yr yield is down 4.4bps at 1.556%, 5-Yr is down 5.3bps at 1.5899%, 10-Yr
is down 5bps at 1.7689%, and 30-Yr is down 5bps at 2.2159%.

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