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

SONIA: The front end of the Sonia curve is modestly flatter in early Wednesday

morning trade compared to Tuesday's close as markets continue to react to Fed

Chari Powell comments from and to a BBG story that 8 Tory rebels have backed an

amendment to the Trade Bill to keep UK in a customs union with the EU. No

further UK data today, however overnight GfK consumer confidence and Lloyds

business barometer slipped lower and shop prices deflation rose. MNI PINCH

calculate 84.5% chance of a hike in May-18 and a 63.5% chance of a second rate

hike in November. Current levels in short end Sonia:-

* 6-mth +0.2bp at 0.613%

* 9-mth +0.1bp at 0.675%

* 12-mth unch at 0.733%

* 15-mth +0.1bp at 0.782%

* 18-mth unch at 0.826%

* 21-mth unch at 0.867%

* 2-yr unch at 0.906%

* 3-yr -0.1bp at 1.028%