T-Notes continue to hover above session.....>

US TSYS: T-Notes continue to hover above session lows at writing, although the

contract has stuck to a tight 4 tick range. It would seem as if the strong start

to the week for Chinese equities has allowed markets to regain some composure

after the early risk off flows on the back of an Axios report, which noted that

"President Trump has no intention of easing his tariffs on China, according to

three sources with knowledge of his private conversations."

- Last week's rhetoric from Chinese policymakers re: supportive measures for the

stock market, twinned with wider reaching Chinese tax cuts vs. exp. has allowed

Chinese indices to rally today.

- Yields are virtually unchanged across the curve.

- Eurodollar volume has once again been led by EDZ8, with the strip dealing

unchanged to 0.5 tick higher.

- Friday's GDP release headlines the U.S. docket this week, with a plethora of

Fedspeak due & one eye on issuance, headlined by 2-, 5- & 7-Year supply.

- T-Notes last 117.31, U.S. 10-Year yields last 3.194%.