Tsys have stuck to a tight range, and.......>

US TSYS: Tsys have stuck to a tight range, and were unmoved by Fed Chair

Powell's latest round of comments, which offered little new. Powell reiterated

that the U.S. economy is in a good place, allowing the Fed to remain patient,

which gives a nod to the central bank's data dependent stance.

- Elsewhere, risk assets benefitted from a slightly stronger than expected

Chinese Caixin manufacturing PMI release (even though the metric remained in

contractionary territory), which applied some modest pressure to Tsys.

- Yields trade unchanged to a touch higher across the curve.

- White and red Eurodollar contracts trade unchanged to 1.0 tick lower.

- T-Notes last 121.29+, U.S. 10-Year cash Tsy yields last 2.717%.