U.S. Tsys ticked lower after U.S............>

US TSYS: U.S. Tsys ticked lower after U.S. President Trump noted that U.S. GDP

could be "in the 5s next quarter," while he suggested that the U.S. will have a

fantastic trading relationship with China. This comes after the formalisation of

25% tariffs on $16bn worth of Chinese imports late Tuesday. The move was limited

and has been retraced, with T-Notes sticking to a 2+ tick range.

- There was some downside interest in 10-Year paper with nearly 4.0K TYU8 118.00

puts crossing in early dealing.

- There was no reaction to the latest round of Chinese trade data.

- The Eurodollar strip is steady, operating on low volume. - Focus turns to

10-Year supply on Wednesday, as well as comments from Fed voter Barkin.

- T-Notes last at 119.15+, US 10-Year yields last at 2.969%.