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European govvies have firmed this......>

BOND SUMMARY
BOND SUMMARY: European govvies have firmed this morning as the Coronavirus-led
risk-off move continues. 
- The UK's decision to allow Huawei limited involvement in the development of
the 5G network has ruffled Washington at a time when Westminster is seeking to
negotiate an ambitious trade deal. 
- Gilts opened stronger and have been trading sideways through the morning.
Current yield levels: 2-year -0.435%, 5-year 0.386%, 10-year 0.532%, 30-year
1.043%.
- Bund yields are 1-3bp lower with the curve bull flattening.
- OATs have outperformed with yields up to 4bp lower. The 2s10s and 2s30s
spreads have narrowed 3bp.
- BTPs have rallied strongly with yields 4-7bp lower. Current yield levels:
2-year -0.200%, 5-year 0.365%, 10-year 0.966%, 30-year 1.990%.    

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