- US TSYs have rallied since 0900GMT...>

BOND SUMMARY: - US TSYs have rallied since 0900GMT with yields 1-2bps lower

across the curve. The very long-end has outperformed with the 30-year yield

pushing down to 3.0298% from a high of 3.0636%.

- The Mar 19 JGB future trades at 152.55 up 9 ticks from the low. 

- The German bund curve has flattened on the back of the longer-end rallying.

The 10-year yield has traded down to 0.227% from 0.243% while the 2s10s spread

has narrowed to 83.9bps from 86.8bps.

- French OATs have traded in a oscillating pattern, with yields inching lower.

Current yields: 2-year -0.485%, 5-year 0.020%, 10-year 0.691%, 30-year 1.619%.

- Italian BTPs have rallied, but it is still relatively quiet so far. Yields are

broadly 4-5bps lower.

- Gilt yields are down 2-3bps from the highs, with little change in the curve.

- Euro$ futures have edged lower, with reds/greens down 3.0-3.5 ticks. Euribor

futures are broadly flat to 1.5 ticks higher.