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With a few hours left in European.......>

EGB SUMMARY
EGB SUMMARY: With a few hours left in European markets and with Gilt markets
already closed, trading is thin and almost non-existent. The Mar-18 10Y Bund
contract has basically flat lined and is hovering near yesterday's settlement
price. The 10Y yield is unchanged at 0.417% and curve little changed. 
- Despite tensions in Catalonia brewing as pro-independence parties won back
control the 10Y Bund-Bonos spread has recovered majority of earlier widening
moving to now stand 0.8bp higher at 105.7bp and compares to highs of 111.6bp.
Spanish PM Mariano Rajoy in the afternoon said that he was willing to talk with
the Catalonian leaders following the regional elections.
- Next week markets are expected to remain extremely quiet although there is
supply from Italy on Wednesday and Thursday for a total of E8.25bln.  

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