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/EGBs-GILTS CASH CLOSE: Bund and Gilt.........>

BONDS
BONDS: /EGBs-GILTS CASH CLOSE: Bund and Gilt yields rose for most of the day,
with no clear catalyst. Data was largely ignored, and supply limited - and
besides, equities fell sharply.
- BTP spreads rounded out a very strong week, narrowing 2bps to 10-Yr Bunds to
tightest levels since late February. Yet it was Greece that outperformed,
tightening 3.8bps (Spain and Portugal down a touch).
** Closing levels:
* Germany: The 2-Yr yield is up 2bps at -0.651%, 5-Yr is up 3.4bps at -0.636%,
10-Yr is up 3.3bps at -0.448%, and 30-Yr is up 3bps at -0.028%.
* UK: The 2-Yr yield is up 0.8bps at -0.088%, 5-Yr is up 1.2bps at -0.099%,
10-Yr is up 2bps at 0.144%, and 30-Yr is up 1.7bps at 0.656%.
** 10-Yr Periphery EGB Spreads:
* Italian BTP spread down 2bps at 144.5bps
* Spanish bond spread down 0.4bps at 80bps
* Portuguese PGB spread down 0.3bps at 80.4bps
* Greek bond spread down 3.8bps at 151.6bps

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