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Another fairly rangebound day for......>

BOND SUMMARY
BOND SUMMARY: Another fairly rangebound day for EGBs with Treasuries, gilts and
Bunds all trading within yesterday's ranges.
- The main event of today will be the release of US claims data at
8:30ET/13:30BST. Initial claims will be watched to see whether the rise of Covid
cases in certain states and the resumption of some lockdown measures are leading
to an increase in claims. Continuing claims will be watched to see how fast the
rest of the country's economy is recovering. Fed's Bostic is also taking part in
a webinar on fiscal policy's impact on the economy in the age of Covid-19.
- TY1 futures are down -0-0+ today at 139-05+ with 10y UST yields down -1.4bp at
0.651% and 2y yields down -0.3bp at 0.158%.
- Bund futures are up 0.10 today at 176.23 with 10y Bund yields down -0.9bp at
-0.450% and Schatz yields down -0.5bp at -0.681%.
- Gilt futures are up 0.04 today at 137.56 with 10y yields down -0.8bp at 0.173%
and 2y yields down -1.7bp at -0.97%.

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