There is a near no basis point.........>

GILT SUMMARY: There is a near no basis point change in Gilt yields across the

curve so far Friday, with markets seen side-lined ahead of Fed Chair Yellen and

ECB President Draghi comments at the Jackson Hole Symposium later today.

- There is also a dearth of UK economic data released today with only German IFO

numbers at 0800GMT the only release seen to keep traders interested in markets

this morning.

- Fed Chair Yellen is scheduled to speak at 1400GMT on financial stability, but

markets are hoping for some comments on monetary policy, be it interest rates or

reduction in Fed's balance sheet.

- While ECB President Draghi does not talk until 1900GMT, well after European

markets have gone home for the weekend and Gilt traders have vacated seats for

an extra-long bank holiday weekend, but is not expected to touch on current

thinking on its QE programme.

- 10-yr Gilt yield is at 1.060%, up 0.3bps, but markets are very thin and

illiquid.