Gilts lost ground steadily over the....>

GILT SUMMARY: Gilts lost ground steadily over the course of Tuesday trading,

tracking global bond yields higher and amid Brexit-related headlines.

- The Sep8 Gilt future is down 43 ticks at 123.46, just off the four-session low

of 123.37 set around 1500BST.

- Indeed, the 10-Yr is underperforming the rest of the Gilt curve, with a 3.6bps

rise in yields to 1.26%. 2-Yrs are up 1.4bps to 0.719%, 5-Yrs up 2.5bps at

1.006%, and 30-Yrs up 3.1bps at 1.741%.

- 10-Yr Gilts also underperforming Bunds and US Tsys by around 1.3bps.

- The Short Sterling strip is likewise bear steepening, with Green and Blue

contracts selling off 4-5 ticks.

- While speaker and data flow are set to be very slow over the next few days,

Bloomberg reported that the EU`s Barnier was to brief the press at 1715CET

following meeting with the UK`s Dominic Raab.

- This comes after a Reuters article around midday UK time quoting sources

saying that the EU may hold an emergency Brexit summit in November and possibly

December as well.