Gilts have pared early losses and......>

GILT SUMMARY: Gilts have pared early losses and indeed have picked up steam over

the course of Tuesday afternoon, with political risks remaining central.

- The Mar 19 Gilt future is up 4 ticks at 124.26, at day`s highs, having traded

in a range of 123.59-124.26 today.

- The short end has outperformed: 2-Yr yield down 2.8bps at 0.675%, 5-Yr down

1.9bps at 0.806%, 10-Yr down 2.6bps at 1.173%, and 30-Yr down 1.7bps at 1.687%.

- UK PM May's visit to EU leaders does not appear to have borne fruit thus far,

with Juncker earlier categorically ruling out a renegotiation of the Withdrawal

agreement, and Reuters reporting Germany's Merkel telling her Parliamentary

group that after meeting May there would be no further negotiations.

- Meanwhile, trouble back in London: Sky News reported that arch-Brexiteers said

confident they have the 48 letters from Tory parliamentarians required to

trigger a vote on May`s leadership, sending Gilts to day`s high.

- No key UK data for the rest of the week, most/all attention on any Brexit

news.