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To say global rates markets have had...>

GILT SUMMARY
GILT SUMMARY: To say global rates markets have had an eventful day is an
understatement.
- After selling off somewhat at the beginning of the day, gilts hit their lows
during the Treasury Select Committee meeting. Gilts largely ignored the G7
communique but rates started to drift lower shortly ahead of the surprise 50bp
Fed rate cut.
- Gilt futures are up 0.27 today at 136.00.
- 2y yields down -3.9bp today at 0.218%
- 5y yields down -3.2bp today at 0.255%
- 10y yields down -2.1bp today at 0.383%
- 30y yields down -1.4bp today at 0.901%
- 2s10s up 1.8bp today at 16.5bp
- 10s30s up 0.7bp today at 51.8bp

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