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Decent buying in early trading......>

US TSYS SUMMARY
US TSYS SUMMARY: Decent buying in early trading during the London morning
session, but we have since faded the morning session price action. 
-Treasuries took their cue from the German long end strip, with the German 10 yr
Bund leading major global Govies higher. 
-This was due to the EU Budget results with major national countries breaching
their rules (see EGB summary). 
-Equities sold off a touch as well as the EUR, providing an underlying bid into
Bunds and in turn US Treasuries. 
-Looking ahead, we get very little on the calendar in terms of data for the US. 
-Focus is squarely on Brexit, and will be for the next 3 days. (see EGB/GILT for
today's schedule).
- 2y yields down -2.2bp today at 1.600% 
- 5y yields down -1.9bp today at 1.592% 
- 10y yields down -2.2bp today at 1.779% 
- 30y yields down -1.8bp today at 2.274%

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