It has been a quiet day in EGBs with....>

EGB SUMMARY: It has been a quiet day in EGBs with Bunds moving a little higher,

semi-core spreads a little changed and peripheral spreads generally wider.

- We have seen a raft of countries reporting their Q2 GDP data, including France

which saw growth of 0.2% Q/Q, a tenth below expectations of 0.3%. Meanwhile

German HICP was a tenth higher than expected on a M/M basis, but a tenth lower

on a Y/Y basis. None of today's data has really moved the market.

- Irish spreads continue to be the talking point of the day as no deal Brexit

expectations continue to remain elevated. IGB-Bund 10y spreads are 2.5bp wider

on the day.

- Bund futures are up 0.10 today at 174.56 with 10y Bund yields down -0.9bp at

-0.402% and Schatz yields up 0.6bp at -0.765%.

- BTP futures are down -0.34 today at 139.11 with 10y yields up 3.4bp at 1.604%

and 2y yields up 2.5bp at 0.016%.

- OAT futures are up 0.02 today at 166.72 with 10y yields down -0.2bp at -0.143%

and 2y yields up 0.3bp at -0.699%.