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With European markets closed for.......>

GILT SUMMARY
GILT SUMMARY: With European markets closed for Labour Day, it has been a
relatively uneventful session for gilts. News flow has been thin on the ground
and with the exception of the typically uninfluential money supply and credit
data, the data calendar has been quite sparse.
- Gilts have sold-off today with yields pushing progressively higher through the
session.
- The Jun-20 gilt future trades at 137.38, 6 ticks off the day's low.
- Cash yields are 3-4bp higher, while the curve trades close to unch. Current
yield levels: 2-year 0.036%, 5-year 0.111%, 10-year 0.257%, 30-year 0.604%. 
- With the FOMC and ECB this week presenting a bit of a mix bagged for policy
action, focus now shifts to the next BoE meeting next Thursday.

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