Spreads have remained largely unch......>

EGB SUMMARY: Spreads have remained largely unch today with little

European-centric news moving the markets. The main driver continues to be

US-China trade concerns.

- EGBs have come off of their highs seen in the morning with 10y Bund yields

hitting lows of -0.536% around 8:00BST, but at the time of writing rising to

-0.514%. This would still be a record low close for yields.

- Services PMIs did little to move the market this morning.

- Bund futures are up 0.50 today at 176.32 with 10y Bund yields down -2.3bp at

-0.520% and Schatz yields down -1.9bp at -0.813%.

- BTP futures are up 0.16 today at 139.98 with 10y yields down -1.4bp at 1.526%

and 2y yields up 0.6bp at 0.006%.

- OAT futures are up 0.33 today at 168.13 with 10y yields down -1.1bp at -0.251%

and 2y yields down -2.3bp at -0.737%.