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

SONIA: The front end of the Sonia curve is slightly flatter in Tuesday morning

trade compared to Monday's close as last night BoE Ramsden says can wait on

wages and domestic cost growth before hiking. Although the UK government looks

set to increase its Brexit bill offer to the EU. Looking ahead there is UK

public sector borrowing at 0930GMT and then BoE Cunliffe, McCafferty, Vlieghe &

Saunders appear in front of UK Treasury select committee from 1000GMT. MNI PINCH

calculate a 47% chance of a rate hike in May 2018 & see following levels in the

short end of the Sonia curve:-

* 6-mth unch at 0.491%

* 9-mth unch at 0.532%

* 12-mth unch at 0.572%

* 15-mth -0.1bp at 0.607%

* 18-mth -0.2bp at 0.635%

* 21-mth -0.2bp at 0.662%

* 2-yr -0.2bp at 0.687%

* 3-yr -0.4bp at 0.772%