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It has been a quiet start to the.......>

BOND SUMMARY
BOND SUMMARY: It has been a quiet start to the week for FI with yields beginning
to fall around 9:15GMT. TY1, Bund futures, gilt futures and JGB futures had all
been flat or within 0.10 of Friday close, but gilt futures led a move higher and
currently trade 0.256 ticks higher at 127.16.
- 2y gilt yields are down 1.6bp to 0.747% while 10y yields are down 2.3bp at
1.188%. It remains unclear whether there will be a third meaningful vote this
week and the market remains sensitive to Brexit headlines.
- UST 2y yields are down 0.6bp to 2.432% while 10y yields are down 0.2bp at
2.585%.
- Schatz yields are up 0.6bp to -0.535% while 10y Bund yields are down 1.1bp to
0.073%.
- Periphery spreads are generally tighter on the day, too, with BTP-Bund spreads
4.1bp tighter at 237bp. Irish spreads are bucking the trend and are marginally
wider on the day at 59bp.

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