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EGBs-GILTS: Fairly quiet start to......>

BOND SUMMARY: EGBs-GILTS: Fairly quiet start to the week, with global manuf PMIs
the highlight of Monday morning.
- Generally risk-off tone early but settling down now; 
- Most focus now is on UK Markit Manufacturing PMI at 0930BST; Spain Aug Manuf
PMI had a slight beat but at 48.8 was still contractionary; Netherlands a slight
beat (51.6); Italy up at 0845BST and Eurozone Aug final at 0900BST.
- Above-expectation PMIs for Sweden, Norway and Switzerland also of note.
- ECB`s Rehn appears at 11.15BST at a seminar in Helsinki.
- In the UK, Parliament returns from recess tomorrow with prorogation looming;
weekend news flow generally highlighted divisions within Conservative party.
- We`ll be sending out our sell-side Brexit Views Round-Up later.
- Will be quieter than usual with the US out for the Labor Day holidays.
-Peripheral spread are tighter, with Italy 2.1bps at 167bps. 

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