It has been a busy day for gilts.......>

GILT SUMMARY: It has been a busy day for gilts with gilt futures hitting their

highest level since early April - levels reached in the run-up and subsequent

aftermath of the original March Brexit exit date. The trigger for these moves

was largely global risk off sentiment with equities selling off, but gilts

recovered some of their losses in the afternoon.

- It has been confirmed today that talks between the government and Labour have

failed while indicative Brexit votes are expected to be held next week ahead.

The first week of June has been set as the date for voting on May's deal and it

is becoming increasingly clear that May will not stay on as leader for long past

the vote whatever the outcome.

- Gilt futures are up 0.33 today at 128.94.

- 2y yields down -1.9bp today at 0.691%

- 5y yields down -2.8bp today at 0.793%

- 10y yields down -3.5bp today at 1.038%

- 30y yields down -2.8bp today at 1.591%

- 2s10s down -1.6bp today at 34.7bp. 10s30s up 0.7bp today at 55.3bp.