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Treasuries have weakened steadily...>

US TSYS SUMMARY
US TSYS SUMMARY: Treasuries have weakened steadily overnight Tuesday amid
aggressive China liquidity operations boosting global sentiment.
- Mar TY futures (TY) 13.5/32 lower at 131-05 (L: 131-00 / H: 131-20.5). The
2-Yr yield is up 3.4bps at 1.387%, 5-Yr is up 4.4bps at 1.3913%, 10-Yr is up
4.1bps at 1.5682%, and 30-Yr is up 4bps at 2.0471%.
- Stocks enjoying a nice bounce, S&P eminis up 1.1%.
- We`re still waiting for Iowa results - no schedule but Iowa Democratic Party
says we`ll have something today. Despite lack of results, Sanders now firm
favourite for nomination per betting odds; Biden slipping fast.
- 1000ET sees the Dec factory orders/final durable goods report.
- Trump`s State of the Union speech tonight just after 2100ET.
- After hours Monday, Senate Banking Committee confirmed the hearings for
Shelton and Waller to join the Fed Board would be held Feb 13 at 1000ET.
- Also after hours, Commerce Dept published new rules allowing tariffs on
countries that undervalue their currencies. 

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