EGBS/GILTS SUMMARY CLOSING: With.......>

BOND SUMMARY: EGBS/GILTS SUMMARY CLOSING: With investor's focus on multiple

speaker scheduled for today, most market participants took a step back during

the London afternoon session. 

-Bund pared earlier morning losses, to trade back at mid range of the day, but

still down 97 ticks, on the back of Equities giving back some of their morning

gains. 

A decent part of the Bund volume was attributed to Rolls with another 20% done

today, bringing the total to 93%. 

-BTP contract stayed better bid, on the better political outlook for the country

and likely interest in seeking positive yield, with market participants parking

their cash. 

-Bund/BTP has tightened 10bps to 147.5, a best level since May 2018. 

-Gilt price action were in large driven by the Pound, with the currency gaining

over 1% against the greenback (GBPUSD is +0.9% at the time of typing). As such

Gilts are 126 ticks down on the day. -Market participant's attention, now turn

to more Parliament vote due later tonight.