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A quiet start to European trading,.....>

BOND SUMMARY
BOND SUMMARY: A quiet start to European trading, with little in the way of
further data today (German industrial orders came in weaker than exp. earlier).
- Indeed with little in the way of key data this week, most attention (as ever)
on U.S./China trade and Brexit developments.
- Reasonably active EGB issuance schedule this week, with Germany, Italy, the
Netherlands, Portugal, Austria and the EFSF/ESM selling E14bln +.
** Latest levels:
* Dec Bund futures (RX) up 10 ticks at 174.59 (L: 174.45 / H: 174.66)
* Germany: The 2-Yr yield is down 0.1bps at -0.781%, 5-Yr is down 0.9bps at
-0.802%, 10-Yr is down 0.7bps at -0.593%, and 30-Yr is down 0.6bps at -0.079%.
* Dec Gilt futures (G) down 12 ticks at 134.78 (L: 134.73 / H: 134.91)
* UK: The 2-Yr yield is up 0.1bps at 0.351%, 5-Yr is up 0.5bps at 0.255%, 10-Yr
is up 0.2bps at 0.445%, and 30-Yr is up 1.2bps at 0.95%.
* Dec BTP futures (IK) up 8 ticks at 145.7 (L: 145.49 / H: 145.83)
* Italy / German 10-Yr spread 1bps tighter at 140.8bps
* Dec OAT futures (OA) up 12 ticks at 170.47 (L: 170.33 / H: 170.56)

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