Holds onto gains on safe haven

EGBs have held onto their gains going into the weekend on safe haven.

• Few headlines on US stimulus has kept Equities off their high of the session.
• WashPost's @ericawerner New stimulus deal "unlikely in the next three weeks" McConnell saying in event in KY.
• Italy has been in focus as 10yr yield extended lower at 0.709% at the time of typing.
• As such Italy also leads in peripheral spread, against Germany at 2.7bps Latest levels:
• Dec Bund futures (RX) up 28 ticks at 174.76 (L: 174.5 / H: 174.86)
• Germany: The 2-Yr yield is down 0.9bps at -0.718%, 5-Yr is down 1.7bps at -0.737%, 10-Yr is down 1.7bps at -0.54%, and 30-Yr is down 1.6bps at -0.111%.
• Dec BTP futures (IK) up 49 ticks at 149.44 (L: 148.96 / H: 149.52)
• Italy / German 10-Yr spread 2.7bps tighter at 125.5bps
• Dec OAT futures (OA) up 33 ticks at 169.11 (L: 168.89 / H: 169.23)10-Yr Periphery EGB Spreads:
• Italian BTP spread down 2.7bps at 125.5bps
• Spanish bond spread down 2bps at 70.4bps
• Portuguese PGB spread down 1.2bps at 71.2bpsGreek bond spread down 0.6bps at 141.1bps