Further reflecting Brussel's............>

EGB SUMMARY: Further reflecting Brussel's entrenched position with regards to

the Brexit settlement, the Secretary General of the Commission, Martin Selmayr,

has stated that the EU is not considering legally binding assurances on the

contentious backstop.

- German bunds have weakened since midday with the longer-end underperforming

the curve. The 2s30s spread has traded up to 134.8bps from an afternoon low of

133.3bps.

- French OATs have drifted higher with yields up 1-1.5bp on the day. Current

yield levels: 2-year -0.459%, 10-year 0.583%, 30-year 1.539%.

- Italian BTPs have traded sideways following the robust morning rally. Yields

are near the middle of the day's ranges and broadly 2-2.5bps higher on the day.

- The Spanish curve has steepened on the back of the longer-end selling off. The

2s30s spread has widened to 267.2bnps from an afternoon low of 265.6bps.

- Euribor futures are 0.5-2.0 ticks lower.