Brexit headlines have been coming......>

GILT SUMMARY: Brexit headlines have been coming thick and fast this morning,

although there has been little of material interest. 

- UK government spokesman James Slack has indicated the talks with the Labour

party on a compromise Brexit deal will continue today. 

- EU officials have reiterated that PM May needs a clear and concrete plan in

order to justify a further extension to Article 50. 

- A report suggesting that Germany would be amenable to a 5-year limit on the

Northern Ireland Backstop was quickly rebuffed by a government spokesperson in

Berlin.

- Gilt yields pushed higher on the back of the spurious German time limit

headline before returning towards yesterday's closing levels. Current yield

levels: 2-year 0.707%, 5-year 0.854%, 10-year 1.117%, 30-year 1.653%.

- The Jun-19 gilt future trades at 127.99, 17 ticks of the day's low.

- Short sterling futures are broadly flat in whites and 0.5-1.0 ticks lower in

reds/greens/blues.