Global Government Bonds have stayed....>

BOND SUMMARY: Global Government Bonds have stayed better bid during our London

early morning session. -Trade War and UK election continue to dominate. 

-EGB's are better bid on FTQ, out of Equities and into Bonds. 

-Bund and Treasuries are trading in tandem with the German 10yr up 40 ticks at

the time of typing and Treasuries back above the 129 handle. 

-EGBs and peripheral spread are pretty much unchanged so far today, flat to a

touch wider. 

-Even the BTP is behaving itself, taking its cue from the Bund, with the

contract up 40+ ticks up and 0.8 bps tighter. 

-Gilts have remained underpinned, following the big drop in GBP, post the latest

MPR UK poll, showing the Tory lead vanishing. 

-Despite all this, the Poll predict Boris Johnson on course for 28-seat

majority. 

-US Treasuries have stayed underpinned, led by the German curve, but also

investors favouring safer haven, with no short term end in sight for Trade

resolution.