T-Notes tight at re-open, +0-01+ at.........>

US TSYS: T-Notes tight at re-open, +0-01+ at 128-07. Curve steepening was the

order of the day Wednesday, with participants downplaying the impending House

vote to impeach Pres. Trump (which should be blocked by Senate). The debate is

ongoing, voting is exp. to get underway & be tallied in a little over an hour.

Wednesday also saw mid-NY morning headlines from RTRS: "Mexican President sees

prompt U.S. ratification of USMCA trade deal," which helped Tsys lower.

- On the Fedspeak front, Williams did little to shift the needle re: the on hold

outlook for '20; & expressed confidence in repo market actions. Evans said that

the U.S. econ is doing "remarkably well," tipping his hat to the consumer &

labour market, although he did express some concern, pointing to "worrisomely

low" inflation. Evans did stress that MonPol is in "a good place." Elsewhere,

Barkin told CNBC that he is "very focused on the data. If the uncertainty

reduction leads to increased hiring, increased investment, increased pricing and

therefore inflation, that would be a welcome change. And as the data changes, I

may well change my outlook on rates." He put particular focus on trade matters

and Brexit.