German fixed income futures trade unchanged...>

BUNDS: German fixed income futures trade unchanged to a touch above settlement

levels as we approach traditional European hours, albeit back from best levels,

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 unch., Bunds +0.06.

- 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, 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, as well as an address from

ECB's Coeure & the latest Brexit vote instalment from the Commons provide the

notable points of interest today.