T-Notes struggled for follow through........>

US TSYS: T-Notes struggled for follow through below Friday's low overnight,

despite some early pressure on the back of the latest round of U.S.-China trade

related headlines. The contract trades back from session lows, but is still

below settlement levels as risk remained bid overnight.

- Yields sit 0.4-1.1bp higher across the curve, with the short end

underperforming, in what has been a relatively sedate session.

- Notable options flow from overnight: FVJ9 115.25 calls paper paid 0-01+ on

10K.

- White & red Eurodollar futures trade unchanged to 1.0 tick lower through the

reds. It was a relatively limited session for the strip. The most table trade

was probably EDM9Z9 ~3.0K given at 0.065.

- T-Notes last 121-18, U.S. 10-Year cash Tsy yields last 2.760%.