T-Note futures eased to fresh session.......>

US TSYS: T-Note futures eased to fresh session lows as S&P 500 futures breached

Thursday's highs, with a risk-on theme observed in Asia-Pacific hours (although

the contract stuck to a tight range). Optimism centred on the tech sector and

developments re: Brexit matters. T-Notes trade just above worst levels last.

Notable flow came in the form of TYH9 121.00/120.50 put spread blocked at 0-08

on 15.0K, sources suggested it was buyer driven. Yields across the Tsy curve sit

marginally higher on the day, 0.5-1.3bp higher than close.

- Outside of the Brexit headlines it has been a fairly non-descript session in

terms of news flow, with the U.S. gov't still in a state of shutdown, as the

Reps and Dems continue at loggerheads re: government funding and President

Trump's proposed southern border wall.

- The Eurodollar strip trades unch.-1.5 tick lower across the whites and reds.

- With an empty docket apparent today focus turns to next week's issuance

schedule, with 2-, 5- & 7-Year note auctions, as well as FRN & bill supply shoe

horned into Monday & Tuesday ahead of Wednesday's Fed MonPol decision.

- T-Notes last 121.20, U.S. 10-Year cash Tsy yields last 2.726%.