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Gilts are weaker Friday, alongside a...>

GILT SUMMARY: Gilts are weaker Friday, alongside a global risk-on move, and amid
further indications that no-deal Brexit will be avoided.
- The Mar 19 Gilt future is down 29 ticks at 122.23, having traded in a range of
122.18-122.41 today.
- The 2-Yr yield is up 0.6bps at 0.829%, 5-Yr is up 2bps at 0.997%, 10-Yr is up
3.1bps at 1.368%, and 30-Yr is up 3.4bps at 1.887%.
- Plenty of headlines overnight providing support to the view that `no deal`
will be avoided. Main one was the Times reporting that the DUP is open to
keeping the UK in a customs union with the EU.
- DUP "indicated that they could sign up to a Norway-style deal with a customs
union if it removed the threat of the Northern Irish backstop".
- Telegraph reported 5 UK ministers visited PM May warning they could resign
unless she allows a free vote to prevent no deal Brexit.
- GBPUSD weakening after again testing 1.30 level overnight. 
- Dec Retail Sales at 0930GMT. MNI median points to -0.8% m/m (Nov: +1.4% m/m).

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