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PM Theresa May is currently............>

GILT SUMMARY
GILT SUMMARY: PM Theresa May is currently addressing the Liaison Committee and
fielding questions on the progress of Brexit discussions. May has indicated that
there is common ground with Labour and that if talks fail, parliament will once
again take part in indicative votes.
- Gilts have lacked direction this afternoon with yields ~1bp lower on the day.
Current yield levels: 2-year 0.751%, 5-year 0.897%, 10-year 1.171%, 30-year
1.682%.
- The Jun-19 gilt future trades at 127.42, near the middle of the day's range. 
- Short sterling futures are broadly flat/1.0 ticks lower in whites/reds/greens
and up 0.5-1.0 ticks in blues. 
- Next up on the data calendar will be the Construction PMI for April, which
will be published tomorrow.
- Focus now will be on the BoE meeting tomorrow. We will have our BoE Preview
out shortly. 

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