Tight, With Tuesday Offering More Points Of Interest

T-Notes lacking any real impetus since the re-open, holding just above Monday's late lows after the contract held to a tight range during the first session of the week, last -0-01 at 139-17+.

• The U.S. curve flattened at the margin on Monday, with yields running unchanged to marginally cheaper come the bell.
• The space was a little more insulated than equities, with the latter proving more susceptible to COVID-19 vaccine headline flow (both good and bad), in addition to a deluge of M&A news.
• 3-Month FRA/OIS jumped during Monday hours on the Eurodollar roll.
• Eurodollar futures sit unchanged to +0.5 through the reds.
• Chinese economic activity data headlines the regional docket during Asia-Pac hours, with focus set to switch to 20-Year Tsy supply, Empire manufacturing and industrial production data during NY hours.