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Seeing a bid in safe assets as Trump........>

US TSYS
US TSYS: Seeing a bid in safe assets as Trump speaks. T-Notes rising to session
highs of 126.19+, up 1+ ticks on the day, as Trump says will shut down the
government in order to build the border wall at a rally in Arizona. Trump's
speech will have also raised the hackles of Democrats who oppose the wall, he
said that Democrats who oppose the wall were putting the safety of Americans at
risk and asserted that "one way or another we are going to get that wall".
- Comments come as Republicans and Democrats are in negotiations for a spending
bill to avoid the debt limit on September 30, if the Trump administration tries
to combine the spending/border wall measures it could put negotiations in
question.
- 10-Year yield last down 0.5bp at 2.208%.
- Volumes thin pre-Jackson Hole.

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