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U.S. Tsy futures have edged higher in.......>

US TSYS: U.S. Tsy futures have edged higher in early dealing this week, moving
away from the risk-on low that came about late on Friday, albeit operating
within a contained range. The space drew minimal support from headlines noting
that the U.S. has rebuffed an effort to tether a Turkish bank fine to the
release of Pastor Brunson.
- Friday's headlines from the WSJ noted that China & the U.S. are aiming for
trade talks between Xi & Trump in November. This will put increased focus on
trade talks between the 2 superpowers later this week, ahead of the scheduled
imposition of a 25% U.S. tariff on $16bn worth of imported Chinese goods,
although the public consultation period on the tariffs has been extended.
- The Eurodollar strip is a touch flatter, trading unchanged to a tick higher
- Focus this week turns to the minutes from the FOMC's August meeting, the
annual Jackson Hole Symposium & U.S. durable goods data, in addition to the
aforementioned U.S.-China trade matters.
- T-Notes last 120.10+, U.S. 10-Year cash Tsy yields last at 2.862%.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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