Gilt futures have faded a spike at.....>

GILT SUMMARY: Gilt futures have faded a spike at the open, but are still looking

for the fourth consecutive day of gains as risk appetite flounders.

- The Dec 18 Gilt future is up 3 ticks at 122.28, having traded as high as

122.37 thus far.

- Gilts stronger across the curve, with 10-Yr outperforming slightly: 2-Yr yield

is down 0.4bps at 0.746%, 5-Yr is down 0.6bps at 1.033%, 10-Yr is down 0.8bps at

1.449%, and 30-Yr is up 0.4bps at 1.877%.

- Short Sterling futures up a tick across the strip.

- Worries around PM May's meeting with the hardline Brexiteer 1922 Committee

were seemingly misplaced, as former Home Sec. Amber Rudd declared PM May's

position at the head of the Tory party safe, while the 1922 meeting was deemed a

"love-in" by some.

- Thin on UK data and speakers the rest of the week; main events being ECB

decision today, as well as US data today (Durable Goods) and Fri (GDP).