Neutron diffraction measurements have been carried out on liquid (TI1/2Pb1/2)(1-y)X(y)(X:Te,Se) systems which exhibit a typical compound-forming behaviour at y = 3/7. Radial distribution analysis at y = 3/7 has indicated that the bonding nature of T1-X and Pb-X is more or less ionic, as expected from the previous result of electronic properties. In order to investigate the difference in electronic behaviour between these two liquid systems in the chalcogen rich region, we derive the X-X partial distribution function g(X-X)(r), assuming that each partial function at y > 3/7 is independent of the alloy composition. g(Se-Se)(r) has a well-resolved first peak at r similar to 0.230 nm, suggesting that covalent Se-Se bonds appear in the Se rich region. On the other hand, g(Te-Te)(r) is somewhat structureless, although the first peak is included in the covalent region. The whole functional form of both g(X-X)(r) is roughly similar to that of g(r) in pure liquid Te or Se.