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Cash trading done for the day, and risk........>

EGBS
EGBS: Cash trading done for the day, and risk appetite is definitely strong amid
European Council's meeting this afternoon (conclusion still pending) and
Wednesday's expansion of collateral criteria by the ECB...periphery EGB spreads
well in at the close:
- 10-Yr Italian BTPs vs Bunds down 7.6bps at 241bps
- 10-Yr Spanish bonds vs Bunds down 7.1bps at 147.3bps
- 10-Yr Portuguese PGBs vs Bunds down 6.5bps at 162bps
- 10-Yr Greek bonds vs Bunds down 20.7bps at 278.2bps

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