Gilts continued their move lower.......>

GILT SUMMARY: Gilts continued their move lower which began Monday afternoon,

with risk appetite returning to global markets.

- Sep8 Gilt futures are off 34 ticks at 123.55, touching Monday's lows and down

from Monday's high of 123.89.

- The Gilt curve is a little steeper, with 2-Yr yields up 1.0bps at 0.716%and

10s up 2.6bps at 1.249%.

- The Short Sterling strip is bear steepening, with short-dated contracts down 1

tick and Blues off 3 ticks.

- The UK morning has been highlighted by Oct-Dec issuance news (see Bullet

0831), public sector borrowing data (see Bullet 0931BST), and a linker auction

(see Bullet 1036BST).

- Very thin data and scheduled speaker calendar until the end of the month, so

Gilts likely to continue to be buffeted by Brexit newsflow and broader risk

appetite.