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It has been a fairly quiet opening.....>

GILT SUMMARY
GILT SUMMARY: It has been a fairly quiet opening to the week for Gilts, which
have traded in a fairly tight range considering a myriad of Brexit headlines.
- The Dec 18 Gilt future is down 4 ticks at 121.8, having traded in a range of
121.55-121.92 today.
- The 2-Yr yield is down 0.2bps at 0.8%, 5-Yr is up 0.1bps at 1.084%, 10-Yr is
up 0.4bps at 1.498%, and 30-Yr is up 0.6bps at 1.902%.
- Weak-ish Oct services PMI: 52.2, vs 53.9 in Sep - at 0930GMT failed to lift
Gilts, which continued falling thereafter.
- Short Sterling futures largely flat, off a tick here and there across the
strip.
- Brexit deal looks unlikely this week by all accounts, with PM May meeting w
Cabinet on Tuesday.
- Irish Taoiseach Varadkar said he "can't countenance" a time-limited backstsop
in a conversation w May, though would consider a "review mechanism".
- Dearth of data the rest of the week until Q3 GDP out on Friday.

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