Gilts have been buoyed early Friday....>

GILT SUMMARY: 

Gilts have been buoyed early Friday amid speculation of a delay to Brexit.

- The Mar 19 Gilt future is up 32 ticks at 124.03, having traded in a range of

123.9-124.04 today.

- The 2-Yr yield is down 1.7bps at 0.74%, 5-Yr is down 2.1bps at 0.84%, 10-Yr is

down 2.4bps at 1.178%, and 30-Yr is down 1.3bps at 1.698%.

- Brexit will certainly remain in focus over the coming days, with another

crunch Withdrawal Bill vote next week. 

- The E.U. expects PM May to be forced to request a 3-month delay to Brexit (per

BBG sources story), w Barnier this morning saying a delay was possible.

- Both May and opposition leader Corbyn facing internal party resistance.

- Telegraph reporting 100 moderate Tory MPs warning May that they are prepared

to force a Brexit delay if she can`t reach a deal; many Labour MPs apparently

want Corbyn to support a second referendum or they will quit the party.

- Only UK data to round out the week is CBI Feb sales at 1100GMT.