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Gilts are trading weaker Monday as.....>

GILT SUMMARY
GILT SUMMARY: Gilts are trading weaker Monday as the Brexit endgame draws a
little nearer.
- The Dec 18 Gilt future is down 25 ticks at 122.85, with some bear steepening
in the curve: 2-Yr yield is up 1.5bps at 0.759%, 5-Yr is up 2.2bps at 0.969%,
10-Yr is up 2.4bps at 1.405%, and 30-Yr is up 2.2bps at 1.957%.
- Short-Sterling futures off 1-2 ticks across the strip.
- The European Council`s approval of the Brexit withdrawal agreement Sunday puts
focus firmly on UK passage of same. The parliamentary vote on PM May's 'take it
or leave it' deal is due to take place on December 12. 
- May challenges opposition leader Jeremy Corbyn to a live TV debate on the
Brexit withdrawal bill. Our policy team has informed us that May is looking for
a prime time Sunday slot for the TV debate, which would be the 2nd or the 9th.
- The upcoming week sees the BoE publish the bank stress tests on Wednesday and
present the economic impact of different Brexit scenarios on Thursday. MNI
Policy Team analysis suggests there will not be precise forecasts on scenarios.
- UK October BBA mortgage approvals at 0930GMT. 

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