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EGBs/GILTS: Core govies are a touch....>

BOND SUMMARY
BOND SUMMARY: EGBs/GILTS: Core govies are a touch weaker this morning, with some
potential feedthrough from the UST sell-off earlier in the session.
- UK PM Boris Johnson has announced that planned cuts to the corporation tax
rate will be postponed. Labour leader Jeremy Corbyn is currently delivering a
speech to the CBI in London. The party is due to publish its manifesto on
Thursday.
- Gilt yields are 2-3bp higher with the curve bear flattening. 
- German bunds are marginally softer. Current yield levels: 2-year -0.636%,
5-year -0.578%, 10-year -0.330%, 30-year 0.183%.
- French OATs are similarly a touch softer.
- BTP yields have inched lower with the 7-year benchmark (-2bp) slightly
outperforming the curve. 
- There are no significant catalysts in today's data calendar. 
MNI London Bureau | +44 0203-865-3808 | bruce.jeffery@marketnews.com