T-Notes hold within their tight Memorial....>

US TSYS: T-Notes hold within their tight Memorial Day range at the Asia re-open

after a very limited, holiday shortened session for the contract on Monday, last

+0-02+ at 139-07+.

- The space was reluctant to react to the dialling up of Sino-U.S. tension over

the weekend, with the combination of a broad uptick in global equity markets and

lower liquidity backdrop helping to keep futures in check, with the equity bid

picking up steam during European trade. On the equity front., focus fell on some

stock specific matters in Europe, as well as the continued gradual rollback of

COVID-19 restrictions across most of the globe.

- Conference board confidence metrics, regional Fed activity prints, house price

indices and new home sales data are all due Tuesday. Elsewhere, we will hear

from Fed's Kashkari and see the latest round of 2-Year supply.