Brexit the focus this week

It's another day of equities and fixed income have both started the week on the front foot.

• Core fixed income has seen curves bull flatten this morning.
• The big focus of the week will be Brexit with a soft deadline of the end of this week seen as very helpful in getting legislation passed through all the national parliaments. There has been little in the way of new news over the weekend or this morning about any new breakthroughs in negotiations.
• The calendar for today is rather light with BOE's Haldane and ECB's Mersch the highlights of the central bank speakers today.
• TY1 futures are up 0-6 today at 138-23+ with 10y UST yields down -1.8bp at 0.802% and 2y yields down -0.4bp at 0.150%.
• Bund futures are up 0.37 today at 176.40 with 10y Bund yields down -2.1bp at -0.642% and Schatz yields down -1.0bp at -0.794%.
• Gilt futures are up 0.41 today at 135.90 with 10y yields down -3.4bp at 0.239% and 2y yields down -2.0bp at -0.60%.