EGBs remain weaker across the board,....>

EGB SUMMARY: EGBs remain weaker across the board, with Italy underperforming

ahead of US nonfarm payrolls data later.

- The Dec 18 Bund future is down 21 ticks at 157.83, around the middle of its

range of 157.55-158.12 today, with the yield curve bear steepening slightly:

2-Yr yield is up 0.3bps at -0.514%, 5-Yr is up 1.5bps at -0.033%, 10-Yr is up

1.9bps at 0.55%, and 30-Yr is up 2.2bps at 1.149%.

- Defiant comments aimed at Brussels by Italian deputy PM Salvini helped put

downside pressure on BTPs, with the Dec 18 future down 102 ticks at 121.15. Big

bear flattening in the curve: the 2-Yr yield is up 17.8bps at 1.379% and 10-Yr

is up 8.3bps at 3.412%. 

- BTPs are underperforming, 10-Yrs vs Bund spread wider by 6.7bps at 286.5bps,

with Spain down 1.3bps at 101.9bps, Portugal down 1bps at 137.2bps, and Greece

flat at 396.5bps

- Euribor futures are a little lower, with Blue contracts off 1.5 ticks.

- 120GMT sees U.S. nonfarm payrolls and international trade data.