A fairly quiet start for EGBs/Gilts;...>

BOND SUMMARY: A fairly quiet start for EGBs/Gilts; pretty thin on data/speakers

overall Friday morning.

- Seeing good buying of put options/structures in Bunds, all bearish in nature,

hearing could be hedges on existing longs.

- In Sweden, Riksbank announced that Anna Breman has been appointed as Deputy

Governor - generally seen by sell-side as supporting a Dec hike.

** Latest levels:

* Dec Bund futures (RX) up 9 ticks at 169.66 (L: 169.31 / H: 169.77)

* Germany: The 2-Yr yield is up 0.1bps at -0.61%, 5-Yr is down 1.3bps at

-0.521%, 10-Yr is down 2.4bps at -0.257%, and 30-Yr is down 3.4bps at 0.271%.

* Dec Gilt futures (G) down 11 ticks at 131.14 (L: 131.1 / H: 131.28)

* UK: The 2-Yr yield is down 1.5bps at 0.528%, 5-Yr is down 2.1bps at 0.513%,

10-Yr is down 1.9bps at 0.774%, and 30-Yr is down 2.1bps at 1.296%.

* Dec BTP futures (IK) down 8 ticks at 142.28 (L: 142.11 / H: 142.56)

* Italy / German 10-Yr spread 0.1bps wider at 139.9bps

* Dec OAT futures (OA) up 14 ticks at 166.47 (L: 166.21 / H: 166.59)