Gilts have traded in fairly subdued....>

GILT SUMMARY: Gilts have traded in fairly subdued fashion Wednesday, with most

attention on the potential impact of the US Fed`s decision later.

- The Mar 19 Gilt future is up 10 ticks at 123.19, having traded in a range of

123.07-123.43 today.

- The 2-Yr yield is down 1.1bps at 0.738%, 5-Yr is down 1bps at 0.897%, 10-Yr is

up 0.1bps at 1.281%, and 30-Yr is up 2.1bps at 1.812%.

- As the Parliamentary session winds up for the year, few real surprises from PM

May`s Questions today, with the biggest talking point apparently being whether

opposition leader Corbyn called May a 'stupid woman'.

-  Relatively limited reaction by Gilts to inflation data this morning (which

was basically in line with expectations), the government's post-Brexit

immigration plans, or the EU's 'no deal' Brexit preparedness release.

- Thursday sees Nov retail sales data, the end of the Parliamentary session, and

a BoE decision.

- There is a expectation that nothing interesting will happen at BoE though -

see `POV: WAITING FOR BREXIT CLARITY...LIKE THE REST OF US` at 14:02GMT.