Gilts are a little weaker early........>

GILT SUMMARY: Gilts are a little weaker early Tuesday.

- The Jun 19 Gilt future is down 12 ticks at 125.91, having traded in a range of

125.9-126.06 today.

- The 2-Yr yield is up 1.9bps at 0.799%, 5-Yr is up 2bps at 1.003%, 10-Yr is up

2bps at 1.293%, and 30-Yr is up 1.9bps at 1.795%.

- Only key data this morning is UK Feb Services PMI at 0930GMT.

- MNI Median for Services is for a decline to 49.9 (50.6 prior). Manuf PMI held

above 50 in February, but construction failed to do so, falling to 49.5.

- FPC minutes from Feb. 26 meeting out at 0930GMT; BoE Gov. Carney testifies to

House of Lords Economic Committee at 1535GMT.

- PM May holds a Cabinet meeting today, while UK Attorney General Cox and Brexit

Secretary Barclay are in Brussels to negotiate further over the Irish backstop.