/EGBs-GILTS: Bunds are sharply lower...>

BOND SUMMARY: /EGBs-GILTS: Bunds are sharply lower but Gilts higher (albeit off

Friday's pre-holiday close) early Tuesday, with risk-on also helping compress

periphery spreads further. Not much data today, but speakers and supply eyed.

- The Chief Economists appear today: BoE's Haldane at 1000BST, ECB's  Lane at

1345BST. The ECB also publishes the Financial Stability Review at 1400BST.

- With little in the way of data, supply of up to EUR15bln will be in focus this

morning: Italy/Netherlands 1000BST, Germany 1030BST. ** Latest levels:

* Jun Bund futures (RX) down 61 ticks at 172.45 (L: 172.33 / H: 173.16)

* Germany: The 2-Yr yield is up 2.1bps at -0.657%, 5-Yr is up 3.9bps at -0.639%,

10-Yr is up 4.5bps at -0.449%, and 30-Yr is up 5.3bps at 0.004%.

* Jun Gilt futures (G) down 20 ticks at 138.31 (L: 138.11 / H: 138.33)

* UK: The 2-Yr yield is up 0.8bps at -0.043%, 5-Yr is up 0.9bps at -0.009%,

10-Yr is up 1.2bps at 0.186%, and 30-Yr is up 0.8bps at 0.593%.

* Jun BTP futures (IK) up 24 ticks at 141.23 (L: 140.91 / H: 141.33)

* Italy / German 10-Yr spread 6.2bps tighter at 200.7bps

* Jun OAT futures (OA) down 44 ticks at 167.41 (L: 167.32 / H: 167.83)