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After a weaker opening in the Asian....>

BOND SUMMARY
BOND SUMMARY: After a weaker opening in the Asian session, core fixed income
moved higher around the European open leaving Treasury and Bund futures at
similar levels to the US close on Friday. There appears to be no obvious trigger
for the move higher.
- Due to Presidents Day, US cash markets are closed today giving a quiet
overtone to European markets.
- Coronavirus developments are still being closely watched by markets but there
is little of note on either the data or speaker calendar today, other than a
speech from ECB Chief Economist Philip Lane on statistics.
- TY1 futures are unch today at 130-31+ with 10y UST yields unch at 1.587% and
2y yields unch at 1.430%.
- Bund futures are down -0.04 today at 174.44 with 10y Bund yields down -0.1bp
at -0.403% and Schatz yields up 0.4bp at -0.657%.
- Gilt futures are down -0.14 today at 133.58 with 10y yields up 0.1bp at 0.627%
and 2y yields up 0.4bp at 0.538%.

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