Bond carried on from where they.........>

EGB SUMMARY: Bond carried on from where they started the London morning session,

and that was to stay bid. 

-Bund is still sitting 21 ticks down on the day, but has paired some of the

overnight Asia drop. 

-Peripherals are again mixed, but within ranges, which hasn't been too

surprising given that the German Bund has only traded in a 42 ticks range. 

-US JOLTS was a miss, and you would have expected Tnotes (and in turn Bunds) to

be bid, but we are going offered instead.. 

-Again the usual obvious headlines: We'll battle the virus, we'll win against

the virus, etc...Would be difficult to imagine opposite headlines 

-Regardless, it seems the street are maybe holding on to the: "XI SAYS WILL

COMPLETE ECONOMIC AND SOCIAL TARGETS THAT HAVE BEEN SET". Which sets out certain

steps, keeping the upside momentum in EGB limited and trading mid range at the

time of typing. 

-Fed Powell was testifying, but very little that provided any type of market

movements.