/KOREA: Treasuries receded as some held.....>

US TSYS: /KOREA: Treasuries receded as some held out hope on N.Korea/U.S.

tensions defusion, as Russian Foreign Minister Sergei Lavrov said that Russia

and China have presented "proposals that seek to prevent the most serious

conflict with a huge number of victims," according to Bloomberg. But Russian

minister went on to say, "unfortunately, the rhetoric in Washington and

Pyongyang is starting to go too far," Bloomberg said, so it hardly sounds like a

solution is around the corner. 

- But Reuters meanwhile cited Lavror describing a Russian-Chinese "plan" to

defuse tensions, with details being under such plan, N.Korea would freeze its

missile tests and the US and S.Korea would stop military exercises,  said.