Core EGBs are roughly flat after........>

EGB SUMMARY: Core EGBs are roughly flat after decent moves in either direction, 

- German ZEW disappointment this morning help lift Bunds, but sold off in the

afternoon alongside strong US retail sales data hit Treasuries.

- In the end, German curve steady: 2-Yr yield down 0.1bps at -0.735%, 5-Yr down

0.5bps at -0.6%, 10-Yr down 0.4bps at -0.255%, 30-Yr down 0.9bps at 0.32%.

- Nice day for periphery EGBs, Italy 4+bps tighter to 10-Yr Bunds, with Greece

6.2bps richer following successful launch of new 7-Yr EUR benchmark (yld 1.90%,

E2.5bln size, Books >E13bln).

- BTP buyers unruffled by headlines re alleged Russian backing for Lega Party.

- All eyes after hours on European Parliament vote on Germany`s Von der Layen as

EC president, due to begin 1800CET and end 2000CET.

- EP`s Liberals said this afternoon they will back her, crucial for a majority.

- Euribor is up 1.5 ticks across the strip, light volumes though. Futures:

* Sep Bund futures (RX) up 8 ticks at 172.41 (L: 172.16 / H: 172.68)

* Sep BTP futures (IK) up 40 ticks at 139.05 (L: 138.5 / H: 139.33)

* Sep OAT futures (OA) up 22 ticks at 164.86 (L: 164.57 / H: 165.14)