T-Notes have edged away from the lows.......>

US TSYS: T-Notes have edged away from the lows seen at the re-open to last trade

+0-02 at 139-09, despite the uptick in e-minis and recovery from early lows for

crude prices.

- A reminder that Friday ultimately saw an easing in the space, as T-Notes

erased their early bid and more, with yields going out around session cheaps on

the back of a risk-positive reaction to reports that Gilead's remdesivir drug

had a positive impact on COVID-19 mortality rates, although the study wasn't as

stringent as a randomised controlled trial.

- Ultimately, 10-Year yields held within their recent ranges.

- Elsewhere, President Trump played down the odds of any movement re Sino-U.S.

relations, although that wasn't a source of any real surprise, with markets

happy to look through the headlines.

- A slow start to the regional Asia-Pac docket this week, which allow

participants to assess weekend news flow and headline watch.