UST yields have remained under.........>

BOND SUMMARY: UST yields have remained under pressure overnight and at the

beginning of the European morning session with TY1 moving further from

yesterday's highs, down 0-07 on the day to 124-09. There has been little news

driving this move but there has been a fairly risk positive atmosphere in the

markets with equities higher across Asia and Europe.

- 10y UST yields are up 1.6bp at 2.410% while 2y yields are up 2.4bp to 2.260%.

- Bund futures are down 0.13 on the day at 166.26 with 10y yields up 0.5bp to

-0.034% but Schatz yields down 0.7bp to -0.597%. This morning's Eurozone data

has been largely as expected so far but Italian CPI at 10:00GMT will be the key

European release of the day. Peripheral spreads are a little tighter on the day.

- Gilt futures have bucked the trend and moved 0.21 higher to 129.48 with 10y

yields down 1.1bp to 0.989% and 2y yields down 0.8bp to 0.648%. Today's vote on

the withdrawal agreement is not expected to pass with the DUP saying that they

will vote against (and a number of Tory MPs saying that they will support the

DUP). The final print of UK GDP was unrevised at 0.2%Q/Q but the components were

a little disappointing with govt spending contributing more than consumption.