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A few Brexit headlines over the........>

GILT SUMMARY
GILT SUMMARY: A few Brexit headlines over the weekend having a dampening effect
on Gilts to open the week, after Friday`s hardline speech by PM May eviscerated
risk appetite.
- The Dec 18 Gilt future is down 5 ticks at 121.15, having traded in a range of
121.15-121.28 today.
- Cash curve is slightly steeper: 2-Yr yield is up 0.4bps at 0.814%, 5-Yr up
0.6bps at 1.15%, 10-Yr up 0.6bps at 1.559%, and 30-Yr up 0.4bps at 1.901%.
- Short Sterling trading a little weaker after Friday`s rally; Mar21 through
Dec21 contracts trading 1 tick lower.
- Weekend Brexit highlights Brexit Sec Raab maintained the rhetoric over the
weekend, while Telegraph reports suggested that a majority of PM May's Cabinet
now back a Canada-style trade deal. Other weekend highlights include a Times
story suggesting that May's aides have been contingency planning for a November
snap election to save Brexit talks & the PM's future.
- Data today comprises CBI Trends Total Orders for September at 1100BST.

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