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/EGBs-GILTS: Bunds and Gilts are off...>

BOND SUMMARY
BOND SUMMARY: /EGBs-GILTS: Bunds and Gilts are off early highs but still up as
equities remain under pressure, with 2nd COVID wave concerns dominating.
- Issuance slows down from last week's surge; Slovakia kicks it off with an
auction today.
- Periphery EGB spreads sharply wider too.
- Thin data and speaker calendar today; week's focus is BOE meeting Thursday and
European Council meeting Friday. ** Latest levels:
* Sep Bund futures (RX) up 20 ticks at 175.77 (L: 175.59 / H: 175.98)
* Germany: The 2-Yr yield is down 0.4bps at -0.676%, 5-Yr is down 1.4bps at
-0.67%, 10-Yr is down 1.8bps at -0.457%, and 30-Yr is down 1.9bps at 0.025%.
* Sep Gilt futures (G) up 24 ticks at 137.35 (L: 137.35 / H: 137.54)
* UK: The 2-Yr yield is down 1.4bps at -0.049%, 5-Yr is down 1.5bps at -0.01%,
10-Yr is down 2bps at 0.188%, and 30-Yr is down 2.8bps at 0.582%.
* Sep BTP futures (IK) up 2 ticks at 141.6 (L: 141.47 / H: 141.88)
* Italy / German 10-Yr spread 1.4bps wider at 190bps
* Sep OAT futures (OA) up 21 ticks at 166.59 (L: 166.5 / H: 166.75)

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