- Gilt yields tick higher at the.......>

GILT SUMMARY: - Gilt yields tick higher at the open. Key levels: 2-year 0.723%,

5-year 1.015%, 10-year 1.277%, 30-year 1.751%. 

- Short sterling futures are broadly flat with whites flat to 1.0 ticks higher. 

- The benchmark 5-year CDS continues to edge higher and currently reads 28.4bps.

- In the immediate aftermath of the UK government's Brexit contingency papers

being released, cabinet divisions are re-emerging. Secretary of State for

Leaving the European Union Dominic Raab downplayed fears of a no-deal Brexit,

while Chancellor of the Exchequer Philip Hammond warned that such a scenario

would create a Stg.80bn hole in the public finances.   

- The data calendar is light today with just housing finance data being released

at 0930 BST.