Gilts edge slightly higher ahead of supply, with the DMO scheduled to sell GBP2 billion of 3.75% 2052s at 1030 GMT, the last ultra-long gilt sale of 2012. Before that, at 0930 GMT, the ONS publishes retail sales data for October, with Barclays expecting a fall of 0.1% month on month. Late Wednesday, Moody's warned the UK could lose its prized triple-A rating if the economy enters into a triple-dip recession this winter. The December contract is 0.05 higher at 120.30 and the 10-year cash is quoted at 1.747%.
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