Tsys finish mixed on Tuesday, well.....>

US TSY/RECAP: Tsys finish mixed on Tuesday, well off first half highs with the

long end outperforming; in a generally quiet session after opening weaker with a

risk-on tone. 

- Tsys opened weaker, near the bottom end of range on decent volume, on the

risk-on tone amid headlines that North Korea will discuss de-nuclearisation if

its regime's safety is agreed.

- Tsys then reversed early weakness & traded higher prior to weaker factory

order data, with durable goods orders revised up slightly.

- Muted two-way trade was observed from late US morning, with the space paring

gains in the second half.

- Corporate issuance provided a highlight with the much touted CVS 9-part

issuance launched: $40bln ($120bln book)

- Gary Cohn resignation & potential for US tariffs on China has put a bid in to

the space in early Asia-Pacific dealing.

- T-notes last at 120.11+, 10-Year yields last 2.886%.