Thin trading volumes and minimal....>

US TSYS SUMMARY: Thin trading volumes and minimal price action have been the

story (if one can call it that) thus far Thursday.

- TYU0 has traded in a 5 tick range, and on very small volumes (115k as of

0630ET). Unch on the session at at 139-06 (L: 139-02 / H: 139-07)

- The 2-Yr yield is down 0.2bps at 0.1567%, 5-Yr is down 1.1bps at 0.2896%,

10-Yr is down 1.5bps at 0.6496%, and 30-Yr is down 1.5bps at 1.3846%.

- Will be further attention paid to COVID numbers today, with yesterday's state

numbers seeing rising cases, positive test rates and deaths.

- Jobless claims at 0830ET is the main data event; initial seen 1.375mln (prior

1.427mln); continuing 18.75mln (prior 19.29mln). May wholesale trade at 1000ET.

- Atl Pres Bostic appears yet again, this time at 1200ET in a webinar hosted by

the Tax Policy Center.

- Presumptive Dem Pres candidate Biden gives remarks in Dunmore PA at 1430ET,

expected to unveil his $700bln economic proposal.

- In supply, $80bln in 4-/8-week bills sold at 1130ET; $19bln 30-Yr Tsy re-open

at 1300ET. And NYFed buys $1.225B of TIPS.