- US TSYs sold off in the early........>

BOND SUMMARY: - US TSYs sold off in the early hours as midterm results were

rolling out, but quickly regained composure. 2-year yields have pushed down to

2.916% from 2.953% while the 10-year trades at 3.178% from a high of 3.249%.

- There has been limited movement in JGBs, especially at the short end. 10-year

yields have ticked down to 0.118% from 0.130%.

- The German bund curve has flattened on the back of the short end selling off

and the longer end rallying. The 2s10s spread has narrowed to 102.1bps from a

high of 102.98bps.

- The French OAT curve is little changed on the day.

- Italian BTPs have broadly rallied since the open with the longer end

outperforming. The 10-year yield has pushed down to 3.341% from a high of 3.403%

with 2s10s trading down to 245.1bps from 247.8bps.

- The short end of the Spanish curve has traded sideways while the longer end

has sold off.

- Gilts have rallied with the 2s10s down 1bps. 

- Euro$ futures are up 0.5-3.0 ticks. The Euribor futures strip is broadly flat.