- US TSY yields have ticked higher.....>

BOND SUMMARY: - US TSY yields have ticked higher with the 10-year benchmark

trading at 3.1599% off a low of 3.143%.

- JGB yields have drifted lower, but within a tight range.

- The bund curve has flattened on the back of the long end outperforming. The

2s10s spread has narrowed to 95.8bps from a high of 97.3bps, while the 2s30s has

traded down to 160.8bps from 162.5bps.

- French OATs have rallied over the past hour. The 10-year has outperformed with

the yield down 2bps.

- Italian BTP yields have pushed higher across the curve and broadly up 7-8bps.

Further entrenching the budget impasse, Finance Minister Giovanni Tria has

stated that government growth targets can't be negotiated.

- Gilt yields are off 2bps from the highs. There has been a flurry of headlines

in recent days as Brexit nears an endgame (of sorts) but as of yet there has

been nothing of substance confirmed that would move the meter.

- Euro$ futures are 0.5-1.0 ticks lower while Euribor futures are flat to 0.5

ticks higher.