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T-Notes trade comfortably through...........>

US TSYS
US TSYS: T-Notes trade comfortably through yesterday's lows, last -0-18+ at
138-21, with the aforementioned STAT piece (See previous bullets for details)
the only game in town in early Asia trade, given the fact that the bulk of
President Trump's economic re-opening plan was leaked on Thursday.
- Comes after the late risk-on flows tied in with the STAT piece pushed the
contract back towards lows in late NY dealing. Curve flattened on the day, but
edged away from extremes into the close, on the back of the same story.
- Weak domestic data releases were front and centre again on Thursday, with
Fedspeak continuing to fall on the sombre side.
- Eurodollar futures sit 1.0-4.0 lower through the red, bear steepening.
- Chinese GDP and monthly economic activity data headlines the regional docket
in Asia hours today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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