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Tnotes are underpinned in line......>

US TSYS SUMMARY
US TSYS SUMMARY: Tnotes are underpinned in line with European Govies.
-Most of the action has once again been in FX, with GBP at the forefront, given
the UK elections tonight. 
- UK election, should have an idea by 3.30GMT/22.30ET. 
-Back to Treasuries and the long end strip is pretty much unchanged with the
10yr (TYH0) flat on the day. 
-Market colour and flow have been really subdued, which isn't to surprising,
given the risk of potential Trade tariffs headlines, due to hit this coming
Sunday. 
- U.S. President Donald Trump is expected to meet with top trade advisers on
Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese
goods, three sources familiar with the plans said. -Looking ahead some focus on
US PPI and to a lesser extend the usual weekly Jobless. BUT more importantly on
Trade and Tariffs (fasten your seat belts) 
- 2s10s up 1.2bp today at 18.9bp 
- 10s30s up 0.2bp today at 43.6bp

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