Bunds and Buxl are headed for their.....>

EGB SUMMARY: Bunds and Buxl are headed for their best day of the month amid

significant bull flattening Thursday ahead of the long holiday weekend.

- The 2-Yr German yield is down 0.6bps at -0.575%, 5-Yr is down 3.3bps at

-0.395%, 10-Yr is down 5.7bps at 0.023%, and 30-Yr is down 6.2bps at 0.677%.

- French OATs a little tighter to Bunds despite the latter's rally; 10-Yr 0.2bps

narrower to Germany at 34.2bps.

- Greek spreads are lagging the periphery, 10Yr 4.8bps wider of Bunds at 329bps.

- Spain and Portugal 10Yrs about 1bps wider; Italy 2.6bps wider.

- The Euribor futures strip has bull flattened as well. White contracts are

unchanged, while Blues and Golds are up 5-6 ticks.

- While Eurex and ICE exchanges are closed for trading Friday and Monday, there

is some data on the slate: Italy confidence figures Friday, Spanish PPI Monday. 

- Latest EGB futures levels: 

* Jun Bund futures (RX) up 89 ticks at 165.19 (L: 164.33 / H: 165.22)

* Jun BTP futures (IK) up 40 ticks at 130.23 (L: 129.8 / H: 130.31)

* Jun OAT futures (OA) up 91 ticks at 162 (L: 161.16 / H: 162.04)