T-Notes remained hemmed in a tight.....>

BOND SUMMARY: T-Notes remained hemmed in a tight range ahead of Wednesday's FOMC

MonPol decision. U.S. Tsy Sec Mnuchin noted that he had "a nice working dinner"

with China's top trade envoy Liu, on Tuesday. The trade talks are ongoing.

T-Notes last trade at 123.21+. Eurodollar futures trade 0.5 tick lower to 0.5

tick higher through the reds.

- Aussie bond futures have edged higher ahead of the ACGB 05/2030 supply at the

top of the hour, perhaps drawing support from the disappointing NZ labour market

data from across the Tasman. The latest round of domestic CoreLogic House price

data saw the M/M rate of decline slow to -0.5%, from -0.7%. YM last trades +0.5

tick, with XM +1.0 tick. YM/XM trades at 54.5 ticks, with the cash equivalent at

50.3bp. Bills trade 1 tick lower to 2 ticks higher through the reds, with the

whites underperforming.

- Bunds & JGBs are closed for their respective national holidays.