Treasuries opened NY Tues mildly....>

US TSYS SUMMARY: Treasuries opened NY Tues mildly lower, flatter after overnight

drift in range followed Mon safe-haven rally on N.Korea, Germany election and

Mideast (Iran, Turkey, Iraq) factors. Cash 10-year note is at 2.223%, vs 2.227%

overnight high yield hit at 3:58am ET, 2.214% low yld hit at 7:02 am ET. Gold,

crude oil off. 

- TOKYO: Tsys profit-tkg on Mon risk-off bid but US-N.Korea tensions remain

high; China officials sought to squelch rhetoric; US' Mattis urged N.Korea to

keep on diplomacy. Tsys saw FX-tied sales, Asian banks did two-way flows in 10Y

notes; others sold 30Y bonds, while end-user buying occurred in 30Y bonds too. 

- LONDON: Tsys sideways trade amid mixed intermediate flows, prop buying in

belly, while light bank portfolio buying in 30Ys. 

- US SWAPS: Spreads steady/mixed, recent 10y receiver, rate paying in belly. 

- US HIGH-GRADE CORPORATES: Tues:BNG $2.25B 3Y, Ontario 5Y, CK Hutchison

3Y/5.5Y/10Y, Nederslanse Waterschapsbank 2Y FRN tap. Saudi 5/10/30Y Wed. 

- OVERNIGHT REPO: Again Tsy 2Y, 3Y, 5Y, 7Y, 10Y tight. 

- US STOCKS: Stk futrs DJIA, S&P Emins lower; Nasdaq firm.