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With the data calendar exhausted by....>

GILT SUMMARY
GILT SUMMARY: With the data calendar exhausted by 0930 this morning and the US
observing a public holiday, the market has been light on catalysts today. 
- Equities have been under pressure today alongside weaker trading in gilts.
- The Sep-20 gilt future trades at 137.28 near the bottom of the day's range and
7 ticks off the low.
- Gilts cash yields are 1-2bp higher on the day the curve has bull flattened.
Current yield levels: 2-year -0.0792%, 5-year -0.0334%, 10-year 00.1940%,
30-year 0.602%.
- Short sterling futures are broadly 0.5-1.0 ticks higher across
whites/reds/greens.
- The UK data calendar will be light next week with the June Construction PMI
being the most significant of the release.

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