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EGB/GILT SUMMARY: Keep calm! ..........>

BOND SUMMARY
BOND SUMMARY: EGB/GILT SUMMARY: Keep calm! 
-Plenty of more positive rhetoric coming out of the EU/UK Brexit talks,
especially comp[are to the last few days. 
-EU's Tusk had a very positive meeting with PM Johnson, who promised the EU to
come forward with solution that would work for all. 
-EU'S Barnier says "keep calm", we had constructive meeting with UK Barclay. 
-Are we close to a deal? Well some market participants have taken kindly to the
latest comments, pushing the Pound through 1.2500 and closer to 1.2550 at the
time of typing. 
-Gilts have headed South throughout our London morning session down over 100
ticks on the day. 
-EGB's and particularly the Bund initially so position unwind from the week sell
off on profit taking and positioning, but the corrective pullback higher was
limited due to the Gilts sell off, -Peripherals are stable against the German
10yr, with most of focus given the large UK move on the German?UK 10 yr spread,
6bps wider, trading at 111.2bps

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