T-Notes have stuck to a narrow range in.....>

US TSYS: T-Notes have stuck to a narrow range in early Asia-Pacific trade, after

moving higher on Monday, albeit finishing off of best levels.

- Bull steepening of the 2s/30s spread was the order of the day on Monday, even

as the 3-month/10-Year spread moved further into negative territory.

- Fedspeak from Harker, Evans & Kashkari did little to move the needle, with

CME's Fedwatch tool indicating a 70% chance of at least one rate cut from the

Fed by year end.

- Fed's Rosengren will speak in Asia-Pacific hours, with Harker, Evans & Daly

set to add to Fedspeak on Tuesday. On the data front, building permits and

housing starts provide the highlights of the domestic docket, while 2-Year

supply heralds the first round of note issuance for the week.

- Eurodollar futures trade unchanged to 1.0 tick lower through the reds.

- T-Notes last 124.13+, U.S. 10-Year cash Tsy yields closed at 2.398%.