EGBs are weaker across the board,.......>

EGB SUMMARY: EGBs are weaker across the board, with core instruments falling

most amid a renewed risk-on atmosphere.

- Comments overnight by U.S. President Trump that a 'great deal' with China was

coming helped push European equities higher, Euro Stoxx 50 up 0.4% at 3,168.66.

- This has spilled over to Bunds, with the Dec18 future down 30 ticks at 160.05,

amid some bear steepening in the curve.

- The 2-Yr German yield is up 0.7bps at -0.616%, 5-Yr is up 1.6bps at -0.186%,

10-Yr is up 2.2bps at 0.399%, and 30-Yr is up 1.9bps at 1.051%.

- Italian BTPs have steadied after opening strongly higher, Dec18 future off 19

ticks at 122.54 (high of 122.90). Yields are lower, 2-Yr down 4.8bps at 0.912%

and 10-Yr down 2.1bps at 3.316% in a bull steepening move.

- Euribor futures a little weaker, Greens/Blues off 1.0-1.5 ticks.

- The main data highlight is the Flash Estimate of Q3 Euro Area GDP growth,

scheduled for 1000GMT. Analysts are anticipating growth to come in at 0.4% for

Q3, mirroring the rate of growth registered in both Q1 and Q2.

- 1330GMT sees ECB Executive Board member Peter Praet speak in Frankfurt.