Tsys are lower, although ranges remain......>

US TSYS: Tsys are lower, although ranges remain tight, aided by fresh flows

after the US cash re-open with risk appetite stemming from an ABC sources piece

which suggested that US Treasury Secretary Mnuchin has urged Trump to exempt

Canada from the steel & aluminium tariffs. Although the piece noted that not all

of the advisers present, including trade hawk Peter Navarro, were in agreement,

according to two sources familiar with the conversations. They say the group has

been known to harbour ideological differences on major economic issues and the

meeting adjourned without any clear resolution to the matter.

- The Eurodollar strip is trading a little lower, with muted activity apparent

through Asia-Pacific hours.

- T-Notes last at 119.19, US 10-Year Tsy yields last at 2.933%.