Very little to add from the morning.....>

EGB SUMMARY: Very little to add from the morning session in EGBs. 

-Most of the action has been in GBP, dropping just over 2% on the day and back

to pre UK election results. 

-The better bid in UK Gilts has kept an underlying bid into German. 

-We had a small exciting moment in the BTP, when headlines of a "no confidence

vote on 22nd of Dec" was a possibility, BUT omitting that the story was talking

about a vote on the budget and NOT the leadership. 

-BTP dropped 52 ticks on the headline, and has since recovered most of its

losses to sit back into positive territory. -Peripheral spread are mixed, with

BTP sitting 1.2 bps tighter, while Greece sits 1.3 bps wider. 

- Bund futures are up 0.13 today at 172.05 with BTP futures up 0.16 at 144.01

and OAT futures up 0.06 at 164.26.