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EGBs/GILTs: Yesterday's safe-haven.....>

BOND SUMMARY
BOND SUMMARY: EGBs/GILTs: Yesterday's safe-haven bid in EGBs and spilled over
into this morning's session.
- Germany has confirmed the first human-to-human transmission in Europe. 
- Bunds trade marginally firmer. Current yield levels: 2-year -0.637%, 5-year
-0.629%, 10-year -0.393%, 30-year 0.116%.
- OAT yields are broadly 1-2bp lower on the day.
- Italian BTPs remain the big mover. The 2s10s spread has narrowed 12bp, while
the 10-year BTP-Bund spread has traded down to 139bp from 142bp at the start of
the session. 
- Focus this week will be on the Fed and BoE policy meetings. 
- Gilts have weakened a touch this morning. Current yield levels: 2-year 0.414%,
5-year 0.361%, 10-year 0.510%, 30-year 1.011%.
- The data calendar is thin this afternoon with just US durable goods orders,
Conference Board Consumer Confidence and the Richmond Fed Manufacturing Index
due for release.

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