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

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)