Treasuries held a mixed flatter.....>

US TSYS SUMMARY: Treasuries held a mixed flatter range Tues after morning slide

on technical selling, firmer US$/yen, black box sales in Tsy intermediates. 

- Tsys also saw some long liquidations in futures and shorts set in front, long

end Tsys. Tsy 10Y briefly broke above 200-day moving average of 2.3127% yield. 

- Action began early: sale of 9,600 FVZ 5Y Tsy futures at 117-10.5 at 8:31am ET.

 Eurodlr futures had 345,000 EDZ7 sale before 8:44am ET, then 45,000 Tsy 10Y

futures sold from 125-10 to 125-07.5 before 8:55am ET. Then Tsy 10Y futures

apparent sale at 9:49am ET of 5,000 TYZ at 125-10. Traders cited "mixed bag" of

bearish influences. 

- Tsys finally stabilized off lows on dip buying, corporate-tied buying in later

morning. Front end sensitive as more hawkish potential Fed Chr picks spur

heavier front end selling. Non-Yellen Fed Chr viewed to potentially want to hike

faster than Chr Yellen; she was to meet US Pres. Trump Thu. Talk of potential

Fed Chr John Taylor choice hurt Tsys Mon, Tues on higher US rate speculation. 

- Tsy apparent sale at 11:46am ET of 5,000 FVZ, 117-10.25, cross on bid. Rate

paying in 2Y, 3Y, 10Ys.