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Bund drifts lower, seems some small.....>

MARKET TALK
MARKET TALK: Bund drifts lower, seems some small continuation from the stronger
German PMI and now EC, given that Estoxx are through 3300.00. 
-There is still safe haven interest with JPY better bid as well as Gold, but not
as pronounced in Govies so far. 
-In peripheral, Spain and Portugal are battling on which country will have the
lowest yield today. 
-Spain is 0.319%, while Portugal is 0.320% in the 10 year.

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