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Bunds look set to finish the week on....>

EGB SUMMARY
EGB SUMMARY: Bunds look set to finish the week on a high note, though periphery
EGBs are trading mixed Friday.
- BTP 10-Yr spreads vs Bunds are down 0.1bps at 241.4bps, maintaining this
week's narrowing and hovering around lowest levels since September 2018.
- Spanish spreads are 0.2bps wider to 10-Yr Bunds, while Portugal and Greece are
down just under 1.0bps. 
- Meanwhile the Jun 19 Bund future is up 22 ticks at 164.35, after strong gains
in the afternoon.
- Has been a back-and-forth day (range of 163.94-164.45), with a drop of 30
ticks following strong Eurozone supercore inflation data at 1000GMT, but rising
to day's high around 1300GMT on no particular catalyst.
- 10-Yr OAT spreads maintaining their stay under 40bps to Bunds, last 37.8bps.
- Reminder that Moody's reviews Italy (Baa3/stable) and S&P reviews Portugal
(BBB-u / pos) this evening.
- Fairly quiet start to next week in terms of Eurozone data flow; March flash
PMIs will be the highlight on Friday.

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