The economic calendar is relatively....>

BOND SUMMARY: The economic calendar is relatively light again today. All eyes

are on the ECB this Thursday. 

- The US 10-year treasury yield has pushed down to 2.934% from a high of 2.949%,

while the 2s30s spread has fallen to 41.3bps from 43.9bps.

- The German bund curve has flattened during the morning session with the 2s10s

spread narrowing to 98.9bps from an intraday high of 99.5bps, while the 2s30s

has similarly narrowed to 164.2bps from 165.2bps. The benchmark 10-year bund

yield has traded down to 0.380% from 0.386% at the open.

- French OATS have rallied across the curve with the 2-year yield falling to

1.551% from a high of 1.563%, the 10-year has traded down to 0.685% from 0.693%

and the 30-year is down to 1.551% from 1.562%.

- Gilts have rallied this morning morning, with the curve relatively flat. The

2-year is trading at 0.749% down from 0.754% and the 10-year at 1.261% down from

1.269%.

- EURIBOR futures reds-blues are up 0.5-1.5 ticks, while Euro$ are up 0.50-1.0

ticks.