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EGB/GILT SUMMARY: A range bound........>

BOND SUMMARY
BOND SUMMARY: EGB/GILT SUMMARY: A range bound start for the week global Govies.
-EGB's initially traded lower on the opening bell, following big spikes in Asian
Equities, keeping the Risk on tone intact.
-Bund saw a small bear steepening, but this didn't last long, as the 5/30s
German curve reversed course, Bear flattening were favoured, 
-Bund has since faded some of it losses as we wait for the US to in, and some
unwinding from the highs in Equities. 
-Peripheral spread have been stable with Italy the best performer, albeit just
3bps tighter against the German 10yt. 
-GILTS have taken their cue from price action seen across assets and EGBs. 
-The highlight of the week ahead will be Chancellor Rishi Sunak's speech on
Wednesday,
** Latest levels: 
* Sep Bund futures (RX) up 2 ticks at 176.04 (L: 175.62 / H: 176.09) 
* Sep Gilt futures (G) down 24 ticks at 137.19.(L: 137.03 / H: 137.25)
* Sep BTP futures (IK) up 52 ticks at 144.24 (L: 143.65 / H: 144.25)

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