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Rising prospects of a delay to the.....>

GILT SUMMARY
GILT SUMMARY: Rising prospects of a delay to the March 29 Brexit deadline have
Gilts slightly weaker.
- The Mar 19 Gilt future is down 6 ticks at 124.02, off earlier low of 123.94.
- The 2-Yr yield is up 0.2bps at 0.764%, 5-Yr is up 0.3bps at 0.91%, 10-Yr is up
0.3bps at 1.179%, and 30-Yr is up 0.4bps at 1.717%.
- All eyes on Downing Street today: multiple reports that UK PM May will propose
a formal delay to Brexit during today's Cabinet meeting.
- This was followed by the Sun's report stating that May will propose to
ministers that she formally takes a no-deal Brexit off the table.
- Some dissent from hard-core Brexiteers in Cabinet likely, to say the least.
Betting odds on `First to Happen - Brexit / May to Leave` is  back at 50/50,
over the weekend was just 25% that May leaving would be first.
- This comes as Labour is signalling support for a second referendum on EU
withdrawal, though details remain scant. Corbyn et al appear pressured to make
concessions on Brexit to stem further defections.
- BoE's Carney, Ramsden, Vlieghe, Haskel appear at Treas. Committee at 1000GMT.

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