Slight pressure on the space in early.......>

US TSYS: Slight pressure on the space in early Asia trade. The only headlines of

note being that Trump has signed off on timely licencing decisions surrounding

sales to Huawei and the bi-partisan leadership agreement re: the debt ceiling,

which will now move onto Congress (there is seemingly some opposition to the

agreement on both sides of the aisle).

- Modest bear flattening seen in the cash space, with T-Notes last -0-03+ at

127-15+.

- Eurodollar futures have come under some slight pressure, with sales of EDU9

the standout thus far in the Asia-Pac time zone. The strip trades 1.5-3.0 ticks

lower through the reds, with the front end underperforming.

- Option flow has been quite light, but one trade of interest saw 3.0K of the

EDZ9 98.625 calls given.