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The raft of global monetary policy.....>

GILT SUMMARY
GILT SUMMARY: The raft of global monetary policy easing measures has failed to
bolster market sentiment with equities dropping sharply earlier in the session
and gilts remaining bid.
- PM Boris Johnson is due to hold a press conference later today to discuss the
latest coronavirus policy measures. 
- The Jun-20 gilt future trades at 135.58, down 31 ticks from Friday's close and
13 ticks off the day's low; L-H: 135.45-136.33.
- Gilts have broadly sold off with yields 0-1bps higher on the day. Cash yields
(Last / 1d chg / L..H): 2Y (0.2504% / -2.8bp / 0.1999%...0.251%); 5Y (0.3244% /
-0.6bp / 0.2676%...0.3244%); 10Y (0.4115% / +0.4bp / 0.3533%...0.4117%); 30Y
(0.8726% / +0.8bp / 0.8075%...0.8726%).
- The curve has steepened: 2s10s (14.6bp / 3.4bp / 11.8bp..14.7bp); 2s30s
(60.6bp / 3.8bp / 56.9bp..60.7bp).
- Short sterling futures have broadly rallied with reds outperforming: W (+
3.5/4.5 ticks); R (+ 3.0/5.0 ticks); G (+ 2.5/3.0 ticks); B (+ 0.5/1.5 ticks)

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