After briefly recovering early.........>

GILT SUMMARY: After briefly recovering early losses, Gilt futures have faded

once again, with Brexit deal speculation once again the main theme.

- The Dec 18 Gilt future is down 22 ticks at 121.27, having traded in a range of

121.15-121.44 today - the latter hit briefly after 1400GMT before weakening.

- The 2-Yr yield is up 2bps at 0.835%, 5-Yr is up 2.5bps at 1.137%, 10-Yr is up

2.3bps at 1.556%, and 30-Yr is up 3bps at 1.973%.

- Short Sterling sharply weaker, contracts from Dec19-Sep22 off by 4-5 ticks.

- A series of headlines, some conflicting, on the likelihood of a Brexit deal

being reached in the next week.

- The Times` political correspondent cited a draft timetable showing a Cabinet

meeting likely Monday, with Tuesday seeing publication of withdrawal agreemnet

and Raab meeting Barnier. Then PM statement to Commons on Wednesday.

- US Fed announcement tonight 1900GMT (no change expected); Friday`s highlight

(Brexit notwithstanding) is UK GDP out at 0930GMT.