After a weak start, Gilts have.........>

GILT SUMMARY: After a weak start, Gilts have gained ground over the course of

Friday.

- Mar 19 Gilt futures moved to day's low of 122.15 by 0900GMT, a 37 tick drop -

but has not looked back since, last down 5 ticks at 122.47.

- Short end outperforming: 2-Yr yield is down 1.5bps at 0.808%, 5-Yr down 0.5bps

at 0.972%, 10-Yr up 0.5bps at 1.342%, and 30-Yr up 0.5bps at 1.858%.

- The rally has helped bring 10-Yrs down over the course of the day from highest

levels since Dec 3.

- Weekend Brexit headlines look inevitable, with PM May due to unveil the

Withdrawal Bill `Plan B` on Monday, with the vote set for Jan 29.

- Stories over the course of Friday afternoon included Conservative Cabinet

members reportedly telling local party associations to be ready for a February

election (per New Statesman).

- EU`s Tusk and May spoke, no news but Tusk Tweeted the conversation was about

'the next steps on the UK side'.

- Main UK data next week is the Dec employment report out on Tuesday.