Tsys have edged lower, with risk............>

US TSYS: Tsys have edged lower, with risk sentiment buoyed in the Asia-Pacific

session following Wednesday's WSJ story re: U.S./China trade talks, although the

CSI 300 trades back at unch. levels.

- Higher AU yields following a strong AU labour market report have also added

some weight.

- Wednesday drew comments dovish remarks from Fed's Bullard which resulted in

little fresh information, while Fed's Brainard noted that further gradual hikes

are likely to be appropriate, with above neutral rates likely to be warranted.

- Wednesday also bought a strong 10-Year Note auction, which stopped through by

0.5bp, with the cover ratio edging higher and dealer takedown easing.

- Early Asia dealing saw selling interest in EDM9M0 & EDZ9Z0. The Eurodollar

strip last trades unch. to 1.5 ticks lower. In Fed Funds futures Wednesday saw a

late 100K seller in FFV8.

- U.S. CPI, Fed's Bostic & 30-Year supply headline Thursday.

- T-Notes last 119.11+, U.S. 10-Year cash Tsy yields last 2.968%.