Further reflecting the growing unease...>

EGB SUMMARY: Further reflecting the growing unease over a possible disorderly

Brexit, the European Commission is reportedly pushing the Irish government to

provide its plans for the border in the event of a no-deal scenario. 

- German bunds initially opened stronger this morning but have since started to

inch lower with yields narrowing in on yesterday's close. Current yield levels:

2-year -0.595%, 10-year 0.229%, 30-year 0.833%.

- French OAT yields have spiked higher over the last 15 minutes and are

similarly nearing yesterday's levels. 

- Italian BTPs are still stuck in an oscillating trading pattern within

relatively tight ranges. Seemingly restocking bilateral tensions Deputy Prime

Minister Matteo Salvini stated this morning that French President Emmanuel

Macron could soon not be a reference point for France.

- Following yesterday's successful auction of a new 10-year Spanish issue,

yields at the longer-end of the curve have continued to edge lower. The 10-year

currently trades at 1.329%, below yesterday's close at 1.332%.

- Euribor futures are flat in whites and up 0.5-1.5 ticks in reds/greens/blues.