Gilts are trading a little stronger,...>

GILT SUMMARY: Gilts are trading a little stronger, with the main focus today

being the release of the BoE Financial Stability Report and Brexit scenarios.

- The Dec 18 Gilt future is up 15 ticks at 123.22, having traded in a range of

123.07-123.27 thus far.

- The 2-Yr yield is down 1.8bps at 0.761%, 5-Yr is down 2bps at 0.951%, 10-Yr is

down 2.1bps at 1.371%, and 30-Yr is up 0.2bps at 2.001%.

- Short-Sterling futures are a little stronger, up 1-2 ticks on most contracts.

- Focus today turns to BoE stress test results, as well as UK government and the

BoE publishing their economic analyses of Brexit scenarios.

- BoE's Carney up at 1645GMT to discuss the BoE's findings. Our Policy team

notes the BoE is set to offer reassurances that the UK's banking system will be

resilient enough to withstand even the most chaotic of Brexits, while declining

to provide precise forecasts of the likely economic impact of various Brexit

scenarios.