German fixed income futures trade around......>

BUNDS: German fixed income futures trade around unchanged levels to lower at

writing. Schatz +0.5 tick, Bobls -2.0 ticks, Bunds -10 ticks. Bunds followed

Tsys to highs in the latter part of Monday's session, before easing back, aided

by risk appetite recovering overnight.

- Monday saw the European Commission state that its no-deal Brexit preparations

have been completed, before PM May conceded that her deal doesn't have the

support of the Commons at present, and an amendment was voted through to pave

the way for indicative voting re: Brexit matters on Wednesday.

- ECB`s Hansson, in interview with MNI, published Monday, said that the EZ

slowdown may persist & that QE could return. He also said it may be too early

for an ECB MonPol review & TLTRO terms may not be announced in June. Elsewhere

ECB`s Coeure said that Bund yields have been driven more by savings dynamics

than ECB policy; noting that ECB is not yet at the limit of what it can do.

- Worth noting that BBG sources have suggested that senior officials from

euro-area finance ministries haven't made a decision to recommend the

disbursement of some EUR1bn in cash for debt relief for Greece as of yet.