In addition to considering the.........>

GILT SUMMARY: In addition to considering the structure and format of a potential

new round of indicative votes, eurosceptic ministers are lobbying the PM to ramp

up no-deal preparations, which had previously been scaled back after the April

Brexit deadline expired. 

- As campaigning heats up ahead of this week's European elections, the offices

of Nigel Farage's newly founded Brexit Party will be visited by the Electoral

Commission amid concerns about party funding. 

- The Jun-19 gilt future trades at 128.73, down 19 ticks from Friday's close and

10 ticks off the day's low; L-H: 128.63-128.96. 

-Gilts have sold off with yields 2-3bps higher on the day. Cash yields (Last /

1d chg / L..H): 2Y (0.7129% / +2.6bp / 0.698%...0.714%); 5Y (0.8159% / +2.6bp /

0.7997%...0.8169%); 10Y (1.057% / +2.4bp / 1.0396%...1.0579%); 30Y (1.6059% /

+2bp / 1.5923%...1.6094%). 

- Short sterling futures have broadly sold off with greens underperforming: W

(flat/-1 ticks); R (- 1.5/2.5 ticks); G (- 2/2.5 ticks); B (- 1.5/2.5 ticks).