/EGBs-GILTS CASH CLOSE: An eventful end to....>

BONDS: /EGBs-GILTS CASH CLOSE: An eventful end to Wednesday's session as risk

aversion soared amid U.S. COVID headlines (spike in cases in Florida,

NY/Connecticut/NJ ordering visitors from several states to quarantine). 

- BTP spreads moved to session highs late, Bund/Gilt yields conversely hitting

the lows, with curves bull flattening.

** Closing levels:

* Germany: The 2-Yr yield is down 1.3bps at -0.672%, 5-Yr is down 2.2bps at

-0.678%, 10-Yr is down 3.2bps at -0.44%, and 30-Yr is down 6.4bps at 0.011%.

* UK: The 2-Yr yield is down 1.3bps at -0.073%, 5-Yr is down 1.7bps at -0.025%,

10-Yr is down 2.2bps at 0.189%, and 30-Yr is down 4.6bps at 0.643%.

** 10-Yr Periphery EGB Spreads:

* Italian BTPs vs Bunds up 4.3bps at 170.7bps

* Spanish bonds vs Bunds up 2.5bps at 90.9bps

* Portuguese PGBs vs Bunds up 0.7bps at 89.8bps

* Greek bonds vs Bunds up 1.3bps at 171bps