GILT have been bid all day in line.....>

GILT SUMMARY: GILT have been bid all day in line with other major Govies and on

the back of the broadbase risk off. 

-Despite the communication shamble from BoE Carney yesterday, putting a hawkish

spin into the rate path expectation, Gilts took their cue from Contagion risk

and attracted safe haven buying interest from investors going into the weekend.

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-FTSE and othe global index have plummeted today. 

-On a side note and this has affected all major Govies, was the headline study:

"CORONAVIRUS INFECTIONS IN WUHAN MAY TOTAL UP TO 75,800: STUDY" 

-Safer haven asset are just simply bid, including commodities like Gold and the

swissy (CHF)

- Gilt futures are up 0.17 today at 134.90 with 10y yields down -2.0bp at 0.521%

and 2y yields unch at 0.501%.