Gilts are a little weaker as...........>

GILT SUMMARY: Gilts are a little weaker as equities recover, and ahead of what

increasingly appears to be a futile Brexit bill vote on Tuesday.

- The Mar 19 Gilt future is down 28 ticks at 123.45, having traded in a range of

123.41-123.61 today.

- The 2-Yr yield is up 0.7bps at 0.747%, 5-Yr is up 1.4bps at 0.885%, 10-Yr is

up 1.3bps at 1.259%, and 30-Yr is up 0.9bps at 1.853%.

- PM May's Withdrawal Bill vote looks nigh-on certain to be defeated on Tuesday,

despite late overtures to the DUP and Brexiteers on the Irish backstop. Betfair

for instance implies 88% odds of the bill failing to pass.

- Word overnight was that May was looking to postpone the vote, possibly after

getting more concessions from Brussels, but unclear whether pulling the vote at

this stage is even possible from a procedural standpoint.

- No data out later today (earlier, Halifax Nov house prices were down 1.4% M/M

vs 0.2% increase exp.), or BoE speakers.