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EGB/GILT SUMMARY; Despite a range.......>

EGB SUMMARY
EGB SUMMARY: EGB/GILT SUMMARY; Despite a range bound session, Europe curve has
for once in a few days led price actions. 
- So far on the open, albeit in very limited volatility or volume, with Global
investors squarely focused on Brexit.... 
- Equities saw a small sell off on the EU Budget results, with the major EU
countries like, France, Italy, Spain, Portugal and Belgium, all Breaching their
Budget EU rules. 
- This caused EGBs and particularly Bund, which is outperforming and leading
Gilts and Tnotes higher. 
- EUR is mostly offered, and providing further support for Bund 
- Peripherals are mostly flat against the German 10yr, with Italy pulling a
touch and 3.3bps tighter on day. 
-Gilts and the Pound are on the side line, with the Gilt contract taking its cue
from the Bund. 
-Coming up sees MPs debating the Brexit bill at 12.30BST, then MPs' support for
the bill in principle is expected at 19.00BST. 

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