The Dec-19 gilt future trades at.......>

GILT SUMMARY: The Dec-19 gilt future trades at 131.39, down 112 ticks from

Thursday's close and 16 ticks off the day's low; L-H: 131.23-132.04.

- Gilts have sold off with yields 3-7bps higher on the day. Cash yields (Last /

1d chg / L..H): 2Y (0.5578% / +2.6bp / 0.5411%...0.5726%); 5Y (0.5444% / +5.3bp

/ 0.5277%...0.5608%); 10Y (0.7368% / +6.7bp / 0.7182%...0.7504%); 30Y (1.1976% /

+6.5bp / 1.1787%...1.2074%).

- The curve has bear steepened: 2s10s (16.7bp / 4.4bp / 13.6bp..17.3bp); 2s30s

(62.7bp / 4.2bp / 59bp..63.1bp).

- The short sterling futures strip has steepened: W (- 1.0/6.0 ticks); R (-

6.5/8.0 ticks); G (- 8.0/9.0 ticks); B (- 9.0/9.5 ticks).

- Next week will see the release of CPI and retail sales data for August.

However, all eyes will be on the Bank of England meeting on Thursday.