Free Trial

With the key Brexit vote looming on....>

GILT SUMMARY
GILT SUMMARY: With the key Brexit vote looming on Tuesday, Gilts are trading
largely sideways.
- The Mar 19 Gilt future is down 2 ticks at 122.77, having traded in a range of
122.61-122.84 today.
- The 2-Yr yield is up 0.9bps at 0.805%, 5-Yr is up 0.4bps at 0.947%, 10-Yr is
up 0.5bps at 1.31%, and 30-Yr is up 0.6bps at 1.795%.
- Lots of potential amendments to the government's Brexit deal, with reports
over the weekend that PM May has informed Cabinet that she would rule out 'no
deal' as a potential outcome.
- Arguably the most prominent of the amendments is Labour MP Yvette Cooper`s,
which would push back the Brexit deadline if no agreement is reached by
end-March.
- Ahead of Tuesday`s vote, the highlights could be from the BoE on Monday, with
Carney, Broadbent, and Ramsden speaking at the Future Forum at 1430GMT.
- Dearth of U.K. data until Wednesday.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.