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Bund 10Y yield is 3.3bp lower this......>

EGB SUMMARY
EGB SUMMARY: Bund 10Y yield is 3.3bp lower this morning session in a risk off
trade in EGBs and possibly aided by a return of German trading desks from
holiday. Technical levels were breached and also created another wave higher.
- Tensions in Spain over the Catalan independence referendum refuse to subside.
King Felipe of Spain weighed in on the issue and supported the central
government's line calling the independence referendum "illegal".
- The spread between the Bund-Bonos 10-year is currently trading 6.3bp wider at
129.3bp.
- Trump's advisers provided him with a list of candidates they recommend to lead
the Fed. The final list is believed to include Gary Cohn, Kevin Warsh  and
Jerome Powell.
- The Euro area will be filled with final services and composite PMI data today.
With Spain, Italy, France and Germany all reporting PMI data along with the
Eurozone market composite PMI. German sells E3bln of 10Y debt at 0930GMT. 
- Ireland is selling a new 5Y via syndication and Hungary a new EUR bmk 10Y.

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