Gilts were brought back to life........>

GILT SUMMARY: Gilts were brought back to life after US Fed Chair Powell's

Jackson Hole speech at 1500BST was interpreted on the dovish side, paring

earlier losses that had sent 10-Yrs briefly to two-week lows.

- The Sep8 future contract rose 25 ticks from the low of 123.09 to as high as

123.34 following the release of Powell`s remarks, last at 123.30, leaving it

flat on the day.

- The Gilt curve is a little steeper, with 2-Yr yields unchanged at 0.722%,

10-Yrs up 0.8bps at 1.279%, and 30-Yr up 1.3bps at 1.762%.

- 2-Yrs oscillated in a wide range of 0.719% to 0.740%.

- Short Sterling futures have reversed very small early losses, with contracts

to Dec19 up a tick, after trading 1 tick lower earlier in the day.

- The Summer Bank Holiday on Monday means UK markets are closed, and a dearth of

data next week suggests a quiet few sessions ahead. BoE`s Haldane on a Jackson

Hole panel at 1755BST tonight after market close and could bear attention.