Gilts` gains have faded over the.......>

GILT SUMMARY: Gilts` gains have faded over the course of the day, but remain

stronger Thursday amid a generally positive tone for global bonds.

- The Mar 19 Gilt future has traded in a range of 122.56-122.92 today.

- 10-Yr Gilts outperforming: 2-Yr yield down 1bps at 0.744%, 5-Yr down 1.8bps at

0.927%, 10-Yr down 2.9bps at 1.348%, and 30-Yr down 2.2bps at 2.003%.

- Green/Blue Short Sterling futures are a little stronger (up 1-2 ticks).

- MNI PINCH shows the probability of a BoE rate hike by end-2019 at 82%, down

from 100% a week ago.

- Relatively few developments on the Brexit front today, following this

morning`s committee testimony by PM May where she warned of the increased chance

of `no deal` Brexit if her Withdrawal bill failed to pass.

- GfK Consumer conf data had embargo broken early (was due overnight tonight),

index was -13 in Nov, joint-worst (Dec 2017) since 2013, vs -10 in Oct.

- Calendar of UK data/speakers fairly quiet until next week.