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Gilts have traded largely without......>

GILT SUMMARY: Gilts have traded largely without direction Tuesday after opening
sharply lower, but look set to finish weaker on the day overall.
- The Dec 18 future was flat on the day as of 1515BST (day's range of
119.68-119.99), but is now down 11 ticks at 119.85.
- The curve is largely flat, with 2-Yr yield is up 2.2bps at 0.903%, 5-Yr is up
2.5bps at 1.269%, 10-Yr is up 2.8bps at 1.702%, and 30-Yr is up 5.2bps at 2.05%.
- Short Sterling fairly flat on the day, with the Dec21 contract weakest, off 2
ticks (Dec19 through Jun22 off 1.0 tick).
- DMO saw an order book of Stg28.3bln for the 2071 Gilt sale Tuesday; issued
total of Stg5.25bln at 1.25bps below reference 2068 Gilt, and bringing total
outstanding to Stg11.25bln.
- BOE's Broadbent speaking at time of writing; Gov Carney speaks at Mansion
House at 2000BST behind closed doors, and Haldane is up tomorrow.
- On the data front, MNI's data team write that the UK's August GDP data (due
out Weds) is likely to be "humbled after July's strength."

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