Treasuries have pared earlier.......>

US TSYS SUMMARY: Treasuries have pared earlier gains following weak China data

and collapse of NKorea-US talks, but remain higher early Thursday.

- The Jun 19 T-Note future is up 5/32 at 122-12, high of 122-15 hit just before

0300ET. Risk-off stemmed partly from headlines of 'no agreement'  between

Trump-Kim, but has since faded somewhat.

- Bit of bull steepening in the cash curve: 2-Yr yield is down 1.6bps at

2.4818%, 5-Yr is down 1.5bps at 2.4652%, 10-Yr is down 1.3bps at 2.6698%, and

30-Yr is down 1bps at 3.0551%.

- US Q4 GDP data at 0830ET/1330GMT, an unusually combined Initial/2nd reading.

MNI Median is 2.5% Q/Q ann.; BBG is 2.2%; BBG Whisper is 2.8%.

- Also initial jobless claims at 0830ET/1330GMT.

- Fairly active Fedspeak today: Vice Chair Clarida speaking at 0800ET; Atlanta

Fed's Bostic also due to speak at 0800ET and again at 0850ET in Atlanta;

Philadelphia's Harker at 1200ET.

- Dallas Fed`s Kaplan rounds it out in San Antonio with Q&A at 1300ET.