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Gilts are at the mercy of a bearish....>

GILT SUMMARY
GILT SUMMARY: Gilts are at the mercy of a bearish global market so far Thursday,
following the big move higher in US Tsy yields.
- The Dec18 future down 66 ticks at 120.43, having traded in a range of
120.36-120.56 today. That low is a shade off the Sep 25th low of 120.35.
- Some bear steepening action in the cash curve: The 2-Yr yield is up 3bps at
0.865%, 5-Yr is up 4.9bps at 1.211%, 10-Yr is up 5.9bps at 1.634%, and 30-Yr is
up 4.5bps at 1.979%.
- Short Sterling is enduring a similar hammering, with Green and Blue contracts
bearing the brunt, off 6-7 ticks.
- Quiet day for data / speakers. 
- DMO taps the 1.0% Apr-24 Gilt for Stg. 3.0bln on Thursday.

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