T-Note futures pinned higher in early.......>

US TSYS: T-Note futures pinned higher in early Asia-Pacific trade on the back of

the flash crash in FX while Globex was closed. Comes on the back of a late rally

Wednesday after Apple cut its Q1 guidance, levying most of the blame on EM

performance, notably in China, where the trade war has had a heavy impact on

company performance.

- T-Notes last trading a couple of pips back from highs. Tokyo is closed until

tomorrow meaning cash Tsys will be closed until the London open.

- Eurodollar strip following bonds higher. Whites +0.5-4.5, Reds +5.5-6.0,

Greens +6.0.

- Broader risk flows blowing out any short term narratives here. Highlights in

the space this week include M'fing ISM due Thursday, NFPs due Friday, as well as

ex-Fed Chairs Bernanke & Yellen interviewing the current Fed Chair, Powell, on

Friday. U.S. gov't shutdown continues.

- T-Notes last 122.19+, U.S. 10-Year cash Tsy yields closed at 2.620%.