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

BOND SUMMARY: /EGBs-GILTS: Core EGBs and Gilts are under a bit of pressure, with

a bit of risk-on seen thus far (the EuroStoxx 600 touching all-time highs).

- Lots of cenbank speak: Lagarde at 1400GMT and Carney at 1535GMT, with ECB's

Schnabel at 1630GMT. At 1700GMT, BoE's Haskel and separately, ECB's Lane.

- Netherlands sells Jul-26 DSL for up to E2bln; books open on Italy 16-yr BTP.

- UK December / Q4 GDP out at 0930GMT the only data highlight.

** Latest levels:

* Mar Bund futures (RX) down 33 ticks at 174.24 (L: 174.13 / H: 174.49)

* Germany: The 2-Yr yield is up 0.5bps at -0.635%, 5-Yr is up 1.3bps at -0.6%,

10-Yr is up 2.2bps at -0.389%, and 30-Yr is up 2.5bps at 0.134%.

* Mar Gilt futures (G) down 27 ticks at 134.2 (L: 134.08 / H: 134.3)

* UK: The 2-Yr yield is up 1.4bps at 0.501%, 5-Yr is up 1.7bps at 0.43%, 10-Yr

is up 2bps at 0.577%, and 30-Yr is up 1.7bps at 1.083%.

* Mar BTP futures (IK) down 14 ticks at 147.68 (L: 147.55 / H: 147.77)

* Italy / German 10-Yr spread 1.3bps tighter at 135bps

* Mar OAT futures (OA) down 31 ticks at 166.7 (L: 166.6 / H: 166.89)