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It's been a choppy start for Bund.......>

EGB SUMMARY
EGB SUMMARY: It's been a choppy start for Bund trading, with the Jun20 future
higher, trading within a 38 tick range so far in the European session.
- Peripheries trading broadly tighter (Greece excepted), led by BTP - sovereign
rating reviews for Italy in focus after hours Friday.
- ECB's Lagarde up at 1200BST, Eurogroup kicks off at 1400BST.
- Gilts are closed for a UK holiday. Current levels:
- GERMANY: Jun 20 Bund future is up 22 ticks at 174.11, having traded in a range
of 173.80-174.18 today. The 2-Yr yield is down 2.2bps at -0.78%, 5-Yr is down
1.6bps at -0.762%, 10-Yr is down 1.6bps at -0.561%, and 30-Yr is down 2.2bps at
-0.106%.
Current 10-Yr EGB Periphery Spreads to Bunds:
* Italy / German 10-Yr spread 6.2bps tighter at 240.2bps
* Spain / German 10-Yr spread 2.3bps tighter at 134.3bps
* Portugal / German 10-Yr spread 1.7bps tighter at 147.3bps
* Greece / German 10-Yr spread 1.1bps wider at 276.6bps

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