US TSYS: Risk-Off Tone Rises, Trump on Russia Thorny Issues, Iran
Dec-29 18:38
Treasuries are back near early session lows, stocks remain weaker (SPX eminis -25.5 at 6953.75) as Pres Trump headlines make the rounds.
Speaking from Mar-A-Lago, Trump discusses phone call with Russia's Putin saying "WE HAVE A FEW 'THORNY' ISSUES WITH PUTIN ... ISSUES TO RESOLVE" Bbg -- no specifics.
However - bit of risk-off on: "TRUMP: NOW I HEAR IRAN IS BUILDING UP AGAIN .. WILL KNOCK IRAN OUT IF THEY ARE BUILDING UP AGAIN" Bbg.
TYH6 trades around 112-23.5 (+5) vs. 112-24.5 high, 10Y yield 4.1121% (-.0156).