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Gilts have rallied Thursday on.........>

GILT SUMMARY
GILT SUMMARY: Gilts have rallied Thursday on negative political developments in
Italy, and as Wednesday`s ostensibly dovish US Fed decision is digested.
- The Dec 18 Gilt future is up 41 ticks at 121.20, near session`s highs having
traded in a range of 121.06-121.21 today. US Tsys setting the tone, with the
removal of the word "accommodative" from the Fed's latest MonPol statement
Wednesday seen on the dovish side.
- The curve is bull flattening, with the 2-Yr yield down 1.8bps at 0.793%, 5-Yr
down 3bps at 1.145%, 10-Yr down 4bps at 1.553%, and 30-Yr down 3.2bps at 1.907%.
- Short Sterling is stronger across the strip, with contracts from Mar19-Sep22
up 2.0-4.0 ticks.
- Fairly quiet on the UK data front today, however BOE speak picks up, with
Haldane (1245BST) and Carney up (1500BST) later.

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