Treasuries are resuming their.......>

US TSYS SUMMARY: Treasuries are resuming their intraday weakness, with a modest

risk-on tone prevailing thus far Thursday.

- Mar 19 T-Note futures down 3.5/32 at 122-015, having traded in a fairly narrow

range of 122-00 to 122-08. Low was hit after Reuters reported U.S. and China

have drafted wide-ranging MOUs to resolve their trade dispute.

- Curve weakest in belly and 10-Yr segments: 2-Yr yield up 1.2bps at 2.5099%,

5-Yr up 2bps at 2.488%, 10-Yr up 2bps at 2.6644%, 30-Yr up 1.2bps at 3.0071%.

- Data later includes US weekly jobless claims, durable goods and PMIs.

- Fed's Bostic speaks later on the economy and monetary policy (0750ET/1250GMT).

- This follows on from Fed minutes last night - which were dovish on the balance

sheet (FOMC clearly set to end QT in H2 2019) but slightly hawkish on the rates

front (hikes still possible).

- Also since the minutes' release: Fed's Clarida noted that MonPol is in a "very

good place," while stating that there are scenarios where the Fed may not hike

rates in '19; Fed's Daly then noted despite headwinds, no sign that the U.S. is

nearing recession, and rates are v close to neutral.