EGBs have been rangebound for most of...>

EGB SUMMARY: EGBs have been rangebound for most of Tuesday afternoon, following

some fairly sharp movements in the morning.

- German yields are little changed, with a bit of steepening in the curve. The

2-Yr yield is down 0.9bps at -0.568%, 5-Yr is down 0.1bps at -0.375%, 10-Yr is

up 0.6bps at 0.062%, and 30-Yr is up 0.3bps at 0.722%.

- Periphery EGB spreads are fairly steady; Italy and Greece 10-Yrs are about

2bps wider of Bunds today, though Spain and Portugal are flat.

- Semi-core reasonably steady too. 10-Yr OATs 0.7bps tighter to Bunds (35.7bps).

- Euribor futures are completely flat out to Mar22; longer-dated contracts are

off 0.5/1 tick.

- Appearance due after hours by ECB`s Lane (1800UK).

- Latest EGB futures prices:

* Jun Bund futures (RX) down 6 ticks at 164.6 (L: 164.43 / H: 164.94)

* Jun BTP futures (IK) down 40 ticks at 129.87 (L: 129.59 / H: 130.45)

* Jun OAT futures (OA) up 3 ticks at 161.23 (L: 160.96 / H: 161.35)