US Tsys have stuck to a tight range in......>

US TSYS: US Tsys have stuck to a tight range in Asia-Pacific trade operating

around closing levels. The curve sits a little flatter with the long end

outperforming. The Eurodollar strip has traded in a lacklustre manner.

- There have been several notable headlines released overnight. A report from

the Washington Post noted that US President Trump is set to announce steel and

aluminium import tariffs on Canada, Mexico and the EU on Thursday and suggested

that import taxes could take effect as soon as Friday. Chinese official PMI data

came in slightly stronger than expected. Finally China noted that it will reduce

curbs for investment in its energy, infrastructure & transportation sectors,

with a list on the matter set to published by the end of June. The country hopes

that the US will not escalate the trade war situation, but has reserved the

right to take countermeasures if the US does act.

- T-Notes (TYU8) last at 120.08, US Tsy Yields: 2-Year 2.407%, 5-Year 2.674%,

10-Year 2.844%, 30-Year 3.013%.

- Thursday will bring the release of US PCE data, Chicago PMI & comments from

Fed Governor Brainard, voter Bostic & non-voter Bullard.