/EGBs-GILTS CASH CLOSE: Fuelled by a US.......>

BONDS: /EGBs-GILTS CASH CLOSE: Fuelled by a US jobs report that wildly exceeded

expectations, Bunds and Gilts took another leg lower, with further bear

steepening seen in the German and UK cash curves.

- Meanwhile, periphery spreads did little more than lock in gains that followed

Thursday's ECB meeting, but for Italy for instance that means 25bps compression

vs Bunds over that period to fresh post-March lows.

- Greece was the periphery EGB outperformer. ** Closing cash levels:

* Germany: The 2-Yr yield is up 0.4bps at -0.601%, 5-Yr is up 1.9bps at -0.543%,

10-Yr is up 4.3bps at -0.277%, and 30-Yr is up 6.1bps at 0.256%.

* UK: The 2-Yr yield is up 0.2bps at 0.007%, 5-Yr is up 1.7bps at 0.082%, 10-Yr

is up 4.8bps at 0.354%, and 30-Yr is up 5.2bps at 0.787%.

** 10-Yr Periphery EGB Spreads:

* Italian BTPs vs Bunds down 5.2bps at 168.9bps

* Spanish bonds vs Bunds down 4.1bps at 83.5bps

* Portuguese PGBs vs Bunds down 3.2bps at 81.5bps

* Greek bonds vs Bunds down 9bps at 163.6bps