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Gilts are recovering from lows set.....>

GILT SUMMARY
GILT SUMMARY: Gilts are recovering from lows set earlier in the session Monday,
with Construction PMI data ahead and BoE later in the week.
- The Mar 19 Gilt future is down 7 ticks at 123.26, up from low of 123.06
earlier.
- The 2-Yr yield is down 0.2bps at 0.772%, 5-Yr is up 0.3bps at 0.895%, 10-Yr is
up 0.6bps at 1.254%, and 30-Yr is up 0.5bps at 1.751%.
- Fairly minimal Brexit headlines of substance over the weekend as PM May
continues to try and find a compromise between her, Parliamentarians and the EU.
- A new 'Alternative Arrangements Working Group' composed of both hardline
leavers and remainers will meet regularly with Brexit Min Barclay.
- Sunday paper rumours of the gov`t calling a June general election, dismissed
by some (ie Boris Johnson) as a scare tactic to persuade Tory MPs to vote for PM
May`s withdrawal deal.
- Jan Construction PMI out at 0930GMT (Surv 52.5, Prior 52.8).
- No BoE speak ahead of the MPC announcement Thursday.

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