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

SONIA: The front end of the Sonia curve is modestly steeper in early Monday

morning trade compared to Friday's close as BoE dove Ramsden says in a Time

interview that rise in rates will need to be swifter due to signs of

accelerating wages. Brexit concerns have raised by another notch as Labour

leader Corbyn is set to lay out his plan for a customs union with the EU after

Brexit, putting more pressure on PM May. UK mortgage lending data is released at

0930GMT. MNI PINCH calculate 83.5% chance of a hike in May-18 and a 54% chance

of a second rate hike in November. Current levels in short end Sonia:-

* 6-mth +0.9bp at 0.612%

* 9-mth +0.8bp at 0.67%

* 12-mth +0.8bp at 0.724%

* 15-mth +1.1bp at 0.768%

* 18-mth +1.1bp at 0.809%

* 21-mth +1bp at 0.847%

* 2-yr +1.1bp at 0.885%

* 3-yr +1.6bp at 1.008%