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EGB/GILTs: It has been a quiet.........>

BOND SUMMARY
BOND SUMMARY: EGB/GILTs: It has been a quiet session so far with a thin data
calendar and the US public holiday. 
- Germany allotted E1.39bn of 6-month bubills earlier on, while the Netherlands
sold E2.36bln of 2.5 month and 5.5 month DTCs.
- Gilts trade close to unch on the day. Current yield levels: 2-year 0.538%,
5-year 0.496%, 10-year 0.628%, 30-year 1.107%.
- German bunds similarly trade close to flat on the day.
- The French OAT curve has flattened with the 2s10s spread 2bp narrower. 
- BTPs have rallied with yields 1-2bp lower. The belly curve of the curve is
marginally outperforming. 
- The very long end of the SPGB curve is slightly outperforming the rest of the
curve with the 50-year benchmark yield down 2bp.

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