Trade in the red

EGBs stayed better offered throughout the afternoon session, as Equity recovered some of last night's sell off, on the US President Trump tweet regarding US stimulus.

• Curve is bear steeper today, after opening flatter.
• Peripherals are tighter, with Greece the best performer at 5.6bps.
• Focus going forward is squarely on any Brexit news and the state of play regarding US fiscal stimulus.
• Looking ahead to the rest of the day, ECB Villeroy, Fed Kaskhari, Williams, Evans and the FOMC minutes.
• Bund futures are down -0.21 today at 174.06
• 10y Bund yields up 1.6bp at -0.493%
• Schatz yields up 0.3bp at -0.700%.
• BTP futures are up 0.06 today at 148.65
• 10y yields up 0.8bp at 0.783% and 2y yields down -1.2bp at -0.307%.
• OAT futures are down -0.20 today at 168.3810y yields up 1.6bp at -0.232% and 2y yields down -0.2bp at -0.666%.