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Free AccessGilts largely shrugged off EU..........>
GILT SUMMARY: Gilts largely shrugged off EU approval of the Brexit withdrawal
agreement over the weekend, with attention turning to UK Parliamentary approval.
- The Dec 18 Gilt future is down 34 ticks at 122.76, having traded in a range of
122.73-123.00 today.
- The 2-Yr yield is up 3.3bps at 0.777%, 5-Yr is up 3.2bps at 0.979%, 10-Yr is
up 3.3bps at 1.414%, and 30-Yr is up 3.5bps at 1.97%.
- Short Sterling futures down 2-3 ticks across the strip.
- PM May now on the campaign trail to sell her Brexit deal to the public and to
MPs, taking questions at present in the House of Commons.
- Tuesday sees CBI Distributive Trades for Nov at 1100GMT. The previous
reported sales balance was +5; expected balance reported at +17 for November.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.