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Bunds remain near the highs of the......>

EGB SUMMARY
EGB SUMMARY: Bunds remain near the highs of the day with Italian BTPs pushing
lower to begin the week.
- The Dec 18 Bund future is up 35 ticks at 160.38, having traded in a range of
159.93-160.39 today.
- BTPs moving in mirror fashion, Dec 18 future down 38 ticks at 121.67, near
day's low of 121.64. 10-Yr BTP spread out 6.2bps at 305.8bps.
- Rest of Periphery EGBs performing slightly better, with Spain out 1.1bps at
120.2bps, Portugal out 1.3bps at 155bps, and Greece out 2.7bps at 400.8bps.
- More noise ahead of the Italian budget submission deadline to the EC Tuesday,
with Deputy PM Di Maio saying that respecting EU budget limits is 'suicide'.
- Di Maio reportedly not present at PM Conte`s budget meeting today; other
Salvini was there (per ANSA).
- Brexit risks also continuing to creep in, with apparent progress in a
near-term deal appearing dashed by weekend headlines. EUR following GBP lower.
- Volumes/flow somewhat subdued in the midst of a US holiday Monday.

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