Having rallied into the start of the...>

GILT SUMMARY: Having rallied into the start of the week and holding ground

through to midday, gilts have sold off during the course of the afternoon.

Equities, meanwhile, appear to be holding on to today's gains.

- The Jun-20 gilt future trades at 137.60, at the low's of the day.

- Cash yields from the belly to the long end are broadly 1-2bp higiher with the

curve bear steepening. 

- Current yield levels: 2-year -0.014%, 5-year 0.071%, 10-year 0.2421%, 30-year

0.6384%.

- Following a quiet start to the week, the data calendar fills up from tomorrow

when April jobless claims data will be published alongside employment,

unemployment and wage data for March. Wednesday will then see the publication of

April CPI data.