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Tsys eased on the back of U.S. President....>

US TSYS
US TSYS: Tsys eased on the back of U.S. President Trump's latest comments, as he
predicted a "great deal" with China re: trade in comments ran by BBG during
Asia-Pacific hours (although he has mentioned this before). 
- T-Notes operate around session lows, but haven't threatened Monday's low as of
yet.
- Yields trading 1.3-1.7bp higher across the curve last.
- The start of the session saw a modest risk on feel, discounting Monday's late
story focused on U.S.-China trade worries. As a reminder, BBG ran headlines
noting that the U.S. is planning tariffs on all remaining Chinese imports if
Trump-Xi talks, scheduled for next month, fail. Subsequent reports from Fox were
run late Monday re: White House unaware of any new developments pertaining to
the BBG story while some noted that the report holds little in the way of fresh
information.
- The Eurodollar strip trades 1.0 to 2.0 ticks lower last.
- T-Notes last 118.26+, U.S. 10-Year cash Tsy yields last 3.100%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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