Gilts have bounced a bit from..........>

GILT SUMMARY: Gilts have bounced a bit from Wednesday's sharp drop.

- The Jun 19 Gilt future is up 22 ticks at 126.21, though earlier hit 126.35.

- The 2-Yr yield is down 0.4bps at 0.825%, 5-Yr is down 0.4bps at 1.004%, 10-Yr

is down 0.7bps at 1.267%, and 30-Yr is down 0.2bps at 1.803%.

- No surprises really in the Commons` vote over amendments to the Government`s

Brexit Withdrawal deal.

- Parliament will indeed get a meaningful vote by Mar 12 on PM May's revised

deal. Then votes on 'no deal', and then Art. 50 extension.

- BBC's Kuenssberg reported that meaningful vote could take place next week.

- Opposition leader Corbyn says Labour will back another EU referendum after his

alternative Brexit plan was again defeated in the Commons.

- That's unlikely to find sufficient Parliamentary support though.

- Little data out. UK business confidence fell in Feb to lowest level since Jun

2016 (i.e. Brexit referendum) according to Lloyds Business Barometer.

- Nationwide House Prices out earlier, weak on M/M (-0.1%) but slightly above on

Y/Y (0.4%). No key data for the rest of the day.