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This morning European markets have......>

EGB SUMMARY
EGB SUMMARY: This morning European markets have been focused on unfolding Brexit
events and wide uncertainty has seen core EGBS rally.  
- The Dec 18 Bund future trades at 160.6, having traded in a range of
160.07-160.88 today. The 2-Yr yield is down 1.5bps at -0.585%, 5-Yr is down
2.8bps at -0.224%, 10-Yr is down 2.8bps at 0.37%, and 30-Yr is down 1.6bps at
1.037%.
- Meanwhile, BTPs have rallied though are off the highs, with the Dec 18 future
up 35 ticks at 121.54, having traded in a range of 121.03-121.78 today. 
- The Dec 18 OAT future is up 27 ticks at 152.01, having traded in a range of
151.63-152.17 today. The 2-year yield is down 1.1bps at -0.418%, the 2s10s curve
has marginally flattened by 0.13bps with the short end of the curve
underperforming. The 30-year yield is trading down 1bps at 1.685%    
- Greek spreads are the biggest mover among periphery EGBs, with 10-yr yield up
7bps vs Bunds at 417.7bps.
- With no news expected today on the Italian budget, Brexit developments will
continue to direct European markets.  

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