T-Notes now sit in positive territory, a....>

US TSYS: T-Notes now sit in positive territory, a couple of ticks shy of the

early session highs, with the latest round of Midterm results/betting

markets/projections pointing to a high probability of the Democrats winning the

House, with focus now moving to the margin of victory.

- Volatility was observed during the early declarations/projections, although

the market has operated on a surer footing over the last hour or so as greater

certainty came to the fore, with Fox News one of the first to project a Democrat

victory in the House.

- The Republicans have held the Senate.

- The curve sits flatter on the day.

- The White & Red Eurodollar contracts last trade 0.5 to 1.0 tick higher.

- T-Notes last 118.03+, U.S. 10-Year cash Tsy yields last 3.195%.