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A mixed two way price action as we.....>

BOND SUMMARY
BOND SUMMARY: A mixed two way price action as we begin the week in cross assets.
-EGB's have been trading within ranges this morning, with nothing of note on the
Data or risk related events schedule for today. 
-Bunds (Sep is front month now) opened on the front foot, as Equities faded some
of the relentless bids of late. 
- TINA and FOMO has been the short term drivers in risk, while ignoring the
US-China tail risks. 
-With risk neither on or off in early trading, peripherals are just a touch
wider against the German 10 year. 
-Gilts are underpinned, on safer haven flow, following equities unwinding during
the Asian session, and Brexit concerns still weighing, with Brexit extension
deadline due on the 30th June. 
-US Treasuries are trading heavy following the surprising US NFP Friday. Focus
today, is on US 3yr Auction
-Looking ahead, Bank of Spain release their economic forecast for 2020-2022. 
-And ECB's Lagarde will be in European Parliament Hearing

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