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/EGBs-GILTS: Core FI/periphery EGBs....>

BOND SUMMARY
BOND SUMMARY: /EGBs-GILTS: Core FI/periphery EGBs have traded in risk-off
fashion so far, with equity futures coming off the Asia-Pac session highs.
- Slow in terms of newsflow. And no real data of note today, though German
exports/imports fell well short of the expected rebound in May.
- Supply: UK sells GBP0.9bln of 0.125% Aug-41 index-linked Gilt, while Ireland
will auction the 0.2% May-27, the 0.2% Oct-30 and the 1.50% May-50 for a
combined E1.0-1.5bn. BTP Futura retail sale enters its 4th day.
- ECB's de Cos speaks at 1100BST; Pres Lagarde participates in Eurogroup meeting
(which begins at 1400BST, press conference at 1700BST). 
** Latest levels:
* Sep Bund futures (RX) up 16 ticks at 176.29 (L: 175.96 / H: 176.3)
* Sep Gilt futures (G) up 10 ticks at 137.62 (L: 137.4 / H: 137.63)
* Sep BTP futures (IK) steady at at 144.38 (L: 144.27 / H: 144.49)
* Sep OAT futures (OA) up 12 ticks at 167.78 (L: 167.52 / H: 167.79)
* Italy / German 10-Yr spread 1.5bps wider at 165.7bps

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