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US President Donald Trump's latest.....>

BOND SUMMARY: US President Donald Trump's latest tariff threat against China has
roiled markets and provided yet another reminder of the intensifying global
economic headwinds. 
- USTs have bull flattened with the very long-end outperforming. The 2s30s
spread has narrowed 3.6bp on the day with the 30-year benchmark yield ~6bp
- JGBs have been caught in the crossfire with yields 2-4bp lower. Current yield
levels: 2-year -0.209%, 5-year -0.256%, 10-year -0.170%, 30-year 0.321%.
- The very long-end of the bund curve has rallied sharply with the 30-year
benchmark inching closer to negative territory. The 30-year Bund-JGB spread now
trades at 29.7bp.
- Italy has bucked the regional rally. BTP yields broadly trade 2bp higher.
- Amplified rhetoric on no-deal Brexit is keeping gilts bid. Current yield
levels: 2-year 0.429%, 5-year 0.336%, 10-year 0.557%, 30-year 1.240%. 
- Next up on the data calendar will be US NFP and wage data at 1330 London time,
followed by factory orders.   

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