Germany Sells 1.125 Bln Euros of New 12-Mth Bubills, Avg Yield -0.611 Pct (pvs -0.543 Pct) - Buba

Germany Sells 12-Mth Bubills at 100.615 and Above, Bid/cover 1.7 (pvs 2.0) - Buba

Jpmorgan says Best Guess Is That Article 50 Request by Uk Will be Made by the Early Part of Next Year at the Latest, and Most Likely Before the End of This Year

Jpmorgan says if There are Uk-Eu Informal Talks Before Invocation of Article 50, They are Unlikely to Go Beyond a Sketch of the Multi-Year Process That Is to Follow

Outcome of Eu Referendum Generates New Risks for US Economic Outlook