- US TSY yields have edged higher,.....>

BOND SUMMARY: - US TSY yields have edged higher, with the curve broadly flat.

The 2-year yield has pushed up to 2.713% from a low of 2.692%.

- JGB futures trade at 151.81 off a morning low of 151.78.

- German bunds sold off at the open, with momentum dissipating by mid-morning.

The curve has steepened with the 2s10s spread trading up to 83.7bps from a low

of 81.4bps.

- The short-end of the French OAT curve has sold off steadily through the

morning while the longer-end has pared some of the earlier losses. The curve has

flattened following the initial sell-off with 2s30s trading down 2bps.

- Italian BTPs have rallied across the curve with the short-end outperforming.

The benchmark 2-year yield trades at 0.664% down from 0.799% and near the lows

of the day.

- Existing cabinet minister Sajid Javid and former member Esther McVey were out

on manoeuvres at the weekend, with both hinting at a possible Conservative

leadership bid should PM May be forced out in the event of a severe loss in

parliament this week.