Core EGBs are a little weaker and.......>

EGB SUMMARY: Core EGBs are a little weaker and Italian bonds are stronger, with

a few headlines overnight failing to have a major impact.

- Sep9 Bunds are 5 ticks lower at 162.13, 10-Yr underperforming on the curve.

Aug national flash inflation data out at 1200GMT.

- Italian BTP yields are down, 2-Yr 1.7bps lower at 1.177%, 10-Yr 1.8bps lower

at 3.107%.

- Italian bonds shrugging off both a looming Fitch Ratings review Friday evening

and supply. La Repubblica cited a Fitch Creditworthiness report it had seen

saying new fiscal measures could cost E75bln, and `Italexit` is unlikely.

- Italy comes to markets Thursday for the second time this week, re-opening

Oct-23 2.45% BTP for E3.00-3.75bln, Dec-28 2.80% BTP for E1.75-2.25bln, and

CCTeu Oct-24 and CCTeu Sep-25 for a total of E1.25-1.75bln.

- Spanish yields a little lower on Aug Flash CPI coming in just below consensus

(0.1% m/m vs 0.2% exp.), 10-Yr Bono yield 0.4bps lower at 1.461%.

- Politico cited unidentified officials that the EU is considering a full summit

in November to discuss Brexit.