- A very quiet morning session with....>

BOND SUMMARY: - A very quiet morning session with little top tier data and no

real notable headlines this morning.

- Treasury, Bund and JGB futures all largely unchanged at 122-10, 166.21 and

152.83 respectively with curves in the three countries all largely unchanged on

the day too.

- Gilts have bucked the trend with 2y and 10y yields up 1.4bp and 1.1bp on the

day respectively. The market continues to lean towards a slightly more

optimistic Brexit outlook, putting gilts on the backfoot. 30y yields have

remained a little more anchored and are unch. on the day.

- With the exception of BTPs (10y auction results have just been released), 10y

peripheral spreads to Bunds are marginally tighter on the day.

- The highlights for the rest of the day include US trade, pending home sales

and factory orders as well as Canadian CPI.