Gilts are stronger Monday, with next...>

GILT SUMMARY: Gilts are stronger Monday, with next week's crunch vote on the

Brexit Withdrawal deal looming large.

- The Mar 19 Gilt future is up 39 ticks at 123.55, having traded in a range of 

123.14-123.56 so far.

- The 2-Yr yield is down 3bps at 0.727%, 5-Yr is down 3.3bps at 0.862%, 10-Yr is

down 4bps at 1.236%, and 30-Yr is down 3.3bps at 1.775%.

- Plenty of Brexit news over the weekend. BBC reported Monday that the

meaningful vote on PM May`s Brexit Withdrawal deal will be on Jan 15.

- Times reported that an all-party group of senior MPs will attempt to derail a

no-deal Brexit by starving the government of cash via a US-style shutdown.

- Independent reported that May's hopes of securing legally binding changes

needed to win support for her deal are fading, after EU sources said it was

unlikely there would be a new European summit to approve them.

- Dearth of UK data today; New car registrations down 5.5% Y/Y in Dec (vs a 3%

Y/Y decline in Nov).