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EGBs/GILTS: While gilts have rallied...>

BOND SUMMARY
BOND SUMMARY: EGBs/GILTS: While gilts have rallied this morning, core EGBs trade
close to unch. 
- PM Boris Johnson launched his election campaign today promising to break the
stalemate in parliament over Brexit. 
- Gilt yields are broadly 1-2bp lower and the curve is close to flat on the day.
- German bunds are little changed. Current yield levels: 2-year -0.638%, 5-year
-0.570%, 10-year -0.308%, 30-year 0.227%.
- Italian BTPs have seen more action with the curve bear steepening. 2s30s has
traded up 2bp. There is speculation of a potential BTP-debt exchange
announcement. 
- Supply has been relatively light today with just E1.05bln in Finnish bonds and
E0.375bln of Greek bills. 

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