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Gilts have bounced off Thursday`s......>

GILT SUMMARY
GILT SUMMARY: Gilts have bounced off Thursday`s session lows as the UK/EU
post-Brexit political declaration continues to be digested.
- The Dec 18 Gilt future is down 29 ticks at 122.70, having traded in a range of
122.54-123.19 today.
- The 2-Yr yield is up 1.8bps at 0.759%, 5-Yr is up 3.1bps at 0.978%, 10-Yr is
up 2.3bps at 1.419%, and 30-Yr is up 0.1bps at 1.955%.
- PM May`s post-statement question period in the House of Commons continues; no
real surprises emerging on the post-Brexit text.
- While Gilts have sold off/Sterling has risen on the news of this step forward,
in other ways most uncertainties have not yet been resolved.
- Still uncertainty over EU states` approval of the withdrawal agreement on
Sunday, and bookmakers` odds on Brexit dates/fresh general election/second
Brexit referendum have not really shifted since yesterday.
- BoE's Saunders speaks after market close (2055GMT).

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