German fixed income futures trade a touch.....>

BUNDS: German fixed income futures trade a touch above settlement levels at

writing, after they reversed all of Tuesday's early Brexit optimism inspired

sell off and more, as the hope proved to be misplaced.

- Schatz +0.010, Bobls +0.020, Bunds +0.11.

- Brexit matters (UK PM May's deal was ultimately voted down in the commons) and

disappointing U.S. CPI data provided the highlights yesterday.

- On the central bank front, ECB's Praet offered little new yesterday, while

RTRS sources suggested that the ECB is unlikely to decide on some of the

outstanding TLTRO matters before June; a committee proposed a 25bp TLTRO premium

but the ECB's gov. council said that was too high.

- The German 5s30s curve continues to hover just above the recent lows, with

10-Year Bund yields closing at ~0.05%.

- EZ industrial production and German 30-Year supply, in addition to the latest

Brexit vote instalment from the Commons, provide the notable points of interest

for participants today.