Very little of note for the Tsy space.......>

US TSYS: Very little of note for the Tsy space overnight, with cash Tsy markets

closed until London hours owing to the elongated Japanese holiday weekend.

T-Notes held a 0-02 range as a result, last -0-00+ at 139-17+. Fiscal matters

continue to dominate local headline flow, with suggestions that Senate majority

leader McConnell may introduce the GOP's stimulus plan on Thursday, via several

bills. Elsewhere, the SCMP has suggested that China will move to close the U.S.

consulate in Chengdu, in a retaliatory act re: the closure of the Chinese

consulate in Houston. N.B. the closure of the Chengdu consulate had been touted

as a potential retaliatory move, so this doesn't present any real source of

surprise, if true. On the same front, U.S, President Trump noted that the

closure of further Chinese consulates in the U.S. is "always possible."

- To recap, yesterday's 20-Year auction tailed by ~1.0bp, and was coupled with a

moderation in the bid/cover. Yields moved off of richest levels as we ground

through NY trade, still, the curve was flatter on the day come the close.

- 10-Year TIPS supply and the sizing of next week's 2-, 5- & 7-Year supply are

due later today. Weekly jobless claims headline the local economic slate.