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The front end of the Sonia curve has..........>

SONIA
SONIA: The front end of the Sonia curve has shifted lower following comments
from BoE Government Mark Carney in a BBC interview were he sound none committal
to the likely hood of a rate hike in May. MNI Pinch calculates the chance of a
rate hike in May has fallen sharply to 52% down from 82% seen just yesterday,
with the markets now seeing an very good chance of the rate hike coming in
August.
* 6-mth -6.1bp at 0.609%
* 9-mth -6bp at 0.659%
* 12-mth -5.9bp at 0.701%
* 15-mth -5.9bp at 0.739%
* 18-mth -6.2bp at 0.775%
* 21-mth -6.3bp at 0.81%
* 2-yr -6.5bp at 0.843%
* 3-yr -7bp at 0.947%

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