German fixed income futures traded lower......>

BUNDS: German fixed income futures traded lower during Asia-Pacific hours, on

the back of the latest round of Brexit voting in the UK's House of Commons.

- Schatz -0.005, Bobls -0.050, Bunds -0.26.

- 30-Year paper continued its recent round of underperformance on Wednesday,

with ASW measures sitting comfortably away from recent rich levels, even on the

back of higher coverage in the latest round of 30-Year supply, while 30-Year

breakevens added 2bp yesterday.

- Elsewhere, ECB's Coeure noted that Italy is not a threat for Europe, even as

it faces technical recession. Coeure also stated that the EZ financial sector is

well prepared for risks stemming from Brexit.

- On the peripheral front RTRS sources have suggested that "Italy will approve a

decree in the next few days to renew a state-backed guarantee scheme designed to

help banks offload bad loans."

- Focus today moves to final German CPI data, in addition to another round of

Brexit voting in the Commons.