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Core EGBs have retraced slightly........>

EGB SUMMARY
EGB SUMMARY: Core EGBs have retraced slightly after a mid-morning spike, while
periphery instruments remain subdued.
- Bunds hit day`s high after mixed German ZEW report and Reuters sources story
around 1015UK time saying "several" ECB policymakers doubted that growth would
rebound in Q2. However, Bunds have since headed down and are lower on the day.
- BTPs a little weaker; 10-Yr spreads/Bunds 2.3bps wider at 254.5bps. Greece
similarly out 2.5bps, while Spain is 1.3bps wide to Germany. Portugal flat.
- Semi-core slightly weaker, France OAT futures off a few ticks. 
- Euribor futures little changed, +/- half a tick for various contracts.
- Appearances later by ECB`s Nowotny (1450UK) and Lane (1800UK).
- Latest EGB futures prices:
* Jun Bund futures (RX) down 1 ticks at 164.65 (L: 164.43 / H: 164.94)
* Jun BTP futures (IK) down 36 ticks at 129.91 (L: 129.59 / H: 130.45)
* Jun OAT futures (OA) down 5 ticks at 161.15 (L: 160.96 / H: 161.35)

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