EGBs have picked up steam Thursday.....>

BOND SUMMARY: EGBs have picked up steam Thursday morning as risk appetite

continues to recede, with equities weaker and safe havens benefiting.

- Germany flash Q3 GDP beat exp. (+0.1% vs -0.1% Q/Q), with recession avoided.

Up later is Eurozone flash GDP (1000GMT). Oct UK retail sales at 0930GMT.

- ECB speakers today include de Guindos at 0945GMT, Lane at 1100GMT, Knot at

1400GMT, Villeroy at 1515GMT.

** Latest levels:

* Dec Bund futures (RX) up 46 ticks at 170.82 (L: 170.26 / H: 170.87)

* Germany: The 2-Yr yield is down 0.6bps at -0.629%, 5-Yr is down 1.9bps at

-0.576%, 10-Yr is down 3.4bps at -0.334%, and 30-Yr is down 4.9bps at 0.175%.

* Dec Gilt futures (G) up 26 ticks at 131.64 (L: 131.36 / H: 131.7)

* UK: The 2-Yr yield is down 2.3bps at 0.533%, 5-Yr is down 2.1bps at 0.511%,

10-Yr is down 2.8bps at 0.731%, and 30-Yr is down 2.7bps at 1.245%.

* Dec BTP futures (IK) up 31 ticks at 141.72 (L: 141.3 / H: 141.72)

* Italy / German 10-Yr spread 0.2bps tighter at 154.3bps

* Dec OAT futures (OA) up 47 ticks at 167.29 (L: 166.83 / H: 167.37)