Tsys trading firmer, near late overnight session highs. Tsys drew sell interest after new chancellor of the Exchequer Jeremy Hunt confirmed almost all measures from the 23 September mini-budget will be reversed following weeks of market turbulence.

Dec 30Y futures climbed to 124-21 high after the recent annc (30YY slipped to 3.9277% low), but have trimmed since gains as markets continue to digest the new UK Chancellor's statement. PM Truss spox says she will not resign - Comes as four Conservative MPs have now openly called for Truss to go.

• Limited data today: Empire Manufacturing (-1.5, -4.0) at 0830ET; IP/Cap-U, Net TIC flows on tap Tuesday.
• US Tsy auctions: $57B 13W, $45B 26W bill auctions at 1130ET
• No scheduled Fed speakers
• Equity earnings: Bank of NY Mellon (BK) and Bank of America (BAC) both beat estimates, waiting on Charles Schwab (SCHW) to annc ahead the equity open.