White House Press Secretary Karoline Leavitt has told reporters at the White House that the Trump administration is in "close correspondence" with the "interim authorities" in Venezuela. She says that it is "too premature for an election timetable for Venezuela." Adds that the US will be "selectively rolling back sanctions" on the country to facilitate oil sales.
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Tsy futures are remain weaker - but off lows (TUH6 at 104-07.25 -1.12 vs 104-03.75 low) ahead of the $58B 3Y note auction (91282CPP0) at 1300ET, WI is currently at 3.627%, 4.8bp cheap to last month's stop. Results will be available shortly after the competitive auctions closes at 1300ET.