UK gilts follow Bunds lower, Greek doubts weigh

Fri Feb 12, 2010 3:53am EST

 LONDON, Feb 10 (Reuters) - British gilt futures slipped in
thin trade on Friday, continuing Thursday's theme of
underperformance versus Bunds in the absence of major data or
more details on European Union assistance for Greece.
 
 * March gilt future down 18 ticks at 114.63 versus unchanged
Bund; breaking through technical support at 114.73 with the next
level seen at 114.50
 * Ten-year gilt yield up 2 bps to 4.04 percent
 * Yield spread versus 10-year Bund widens to 81.7 bps from
78.8 bps
 * Euro zone Q4 flash GDP due at 1000 GMT ECON
 * Trade quiet due to U.S. holiday on Monday, upcoming
Chinese New Year
 
--------------------- KEY MARKET DATA---------------------------
Long Gilt futures  <0#FLG:>  Gilt benchmark chain <0#GBBMK=>
Short Stg futures  <0#FSS:>  Cash market quotes   <GB/GILT1>
Deposit rates      DM=     Sterling cross rates GBPX1=
UK debt speedguide <GB/DEBT> Econ. indicator polls<ECI/GB>
--------------------KEY MARKET REPORTS--------------------------
Gilts              [GB/]     Sterling             [GBP/]
Euro Debt          [GVD/EUR] Dollar               [USD/]
U.S. Treasuries    [US/]     Debt reports         [DBT]
-------------------- GILT STRIPS DATA --------------------------
Gilt strips data  <GB/STRIPS1>   All gilt strips <0#GBSTRIP=>
Gilt strips IO    <0#GBSTRIPIO=> Gilt strips PO  <0#GBSTRIPPO=>
A list of all the strippable British gilts       <0#GBSTRIPTSY=>
--------------------- FOR MORE NEWS ----------------------------
Top British news   [TOP/UK]      World news       [GLANCE/G]
UK diary           [GB/DIARY]    Press reviews    [PRESS]
New from Reuters   [INFO]
Useful Speedguides REUTERS <PHONE/HELP> <USER/HELP>

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