T-Notes tight in early electronic trade,....>

US TSYS: T-Notes tight in early electronic trade, +0-01 at 139-17+.

- This comes after the contract ground higher in NY hours, despite the broader

uptick in risk sentiment, as participants looked more to local fiscal matters,

with a seeming wide gulf still apparent between the GOP and Dems. A reminder

that there were some cautious words from U.S. Senate Majority leader McConnell

re: the prospects of a fresh U.S. fiscal support package being agreed by the end

of next week.

- Cash 10s struggled to make a real, concerted break through 0.60% in yield

terms, although there was a couple of brief, limited shows below in late NY

trade. The curve was little changed on the day.

- Volumes were subdued.

- Contacts pointed to real money accounts selling the belly of the curve.

- Eurodollar futures unchanged to +0.5 through the reds.

- Focus turns to Wednesday's 20-Year supply, with little of note on the docket

in Asia-Pac hours.