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It has been an uneventful session.......>

EGB SUMMARY
EGB SUMMARY: It has been an uneventful session given the US and UK public
holidays, coupled with a dearth of tier one economic data after the German IFO
release at 0900BST.
- Bunds trade close to unch on the day. Current yield levels: 2-year -0.692%,
5-year -0,6822%, 10-year -0.4969%, 30-year -0.0563%.
- OATs have firmed slightly but action has similarly been contained.
- BTPs have outperformed with cash yields 2-4bp lower and the curve bull
flattening. 
- Following today's large block of T-bill supply from Germany, France, the
Netherlands and Slovakia, tomorrow will see Italy selling BTPEi/CTZ, Germany
selling the 0% Jun-22 Schatz for E5bn and the Netherlands auctioning E3-5bn of
the 0% Jan-27 DSL.
- After intense scrutiny over the weekend following allegations that he broke
lockdown rules, Dominic Cummings is due to make a public statement at 1600BST.
The prime minister has so far defended his closest adviser but the pressure to
stand him down is mounting.

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