Bunds have continued to move higher.....>

EGB SUMMARY: Bunds have continued to move higher today with 10y yields down

around 2bp on the day while the curve has flattened as Schatz yields are up

around 0.5bp.

- There has been no specific driver for Bunds, they have been driven by USTs and

some risk-off sentiment.

- Peripheral spreads are little changed on the day.

- Bund futures are up 0.24 today at 170.94 with 10y Bund yields down -1.5bp at

-0.348% and Schatz yields up 0.8bp at -0.642%.

- BTP futures are up 0.13 today at 143.84 with 10y yields down -1.5bp at 0.987%

and 2y yields down -1.5bp at -0.189%.

- OAT futures are up 0.33 today at 167.68 with 10y yields down -2.3bp at -0.53%

and 2y yields up 1.1bp at -0.600%.