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EGBs/GILTS: Core EGBs and Gilts are....>

BOND SUMMARY
BOND SUMMARY: EGBs/GILTS: Core EGBs and Gilts are picking up a bit of steam
early Friday while peripheries are lagging, amid a modest risk-off tone.
- The Jun 19 Bund future is up 13 ticks at 165.71, two ticks off the day's early
high. The 2-Yr German yield is down 0.3bps at -0.58%, 5-Yr is down 0.3bps at
-0.428%, 10-Yr is down 1bps at -0.019%, and 30-Yr is down 1bps at 0.624%.
- Jun BTP futures down 5 ticks at 130.81 amid slightly wider periphery EGB
spreads (1-2bps for 10-Yr Spain, Portugal, Greece v Bunds).
- Jun OAT futures (OA) up 17 ticks at 162.59 (L: 162.38 / H: 162.59).
- EuroStoxx 50 off 0.3% in the early going.
- The Jun 19 Gilt future is up 19 ticks at 127.85, as a pause for Brexit takes
effect amid a Parliamentary Easter holiday.
- Eurozone Ind. Prod. (1000UK) expected to fall 0.6% M/M and 1.0% Y/Y in Feb.
- Today we get several European cenbank participants at the IMF`s meetings in
Washington, including ECB`s Praet, Draghi and Coeure, as well as BoE`s Carney.
- Only supply today is UK Tbills; next week`s OAT issuance announcement due up.

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