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

US TSYS: T-Notes have stuck to a tight range in early trade, operating just

above Friday's settlement at writing.

- Brief pressure was observed at the re-open after Special Counsel Mueller's

report failed to find any evidence of Trump campaign collusion with Russia re:

the 2016 election, although the report also failed to exonerate Trump from

obstruction of justice.

- Friday's bid in bonds was initially triggered by softer than expected PMI data

out of Europe, with a late sell off in equities adding further support. Focus

also fell on 3-Month/10-Year yield inversion, which came into play for the first

time since the GFC on Friday.

- Addresses from Fed's Evans dominate the Asia-Pacific docket, with Harker also

due to speak on Monday.

- T-Notes last 124.01+, U.S. 10-Year cash Tsy yields closed at 2.439%.