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With the U.S. and U.K. out for..........>

EGB SUMMARY
EGB SUMMARY: With the U.S. and U.K. out for holidays, the highlight of EGB
trading this far has been a stellar collapse in Greek spreads.
- Market-friendly election results and calling of snap elections are seen as
market-friendly for Greece, with 10-Yr spreads over Germany falling 32.3bps at
one point (low of 315.3bps). Spread last 19.5bps tighter at 328.4bps. 
- Current futures levels:
* Jun Schatz futures (DU) up 1 ticks at 112.04 (L: 112.02 / H: 112.04)
* Jun Bobl futures (OE) up 6 ticks at 133.63 (L: 133.53 / H: 133.65)
* Jun Bund futures (RX) up 24 ticks at 167.48 (L: 167.18 / H: 167.48)
* Jun Buxl futures (UB) up 80 ticks at 194.24 (L: 193.38 / H: 194.26)
* Jun BTP futures (IK) down 27 ticks at 130.82 (L: 130.65 / H: 131.38)
* Jun OAT futures (OA) up 15 ticks at 163.52 (L: 163.3 / H: 163.56)
- Current 10-Yr EGB Periphery Spreads to Bunds:
* Italy / German 10-Yr spread 2.2bps wider at 269.2bps
* Spain / German 10-Yr spread 0.6bps tighter at 93.7bps
* Portugal / German 10-Yr spread 0.6bps tighter at 108.6bps

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