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A limited overnight session for large......>

US SWAPS
US SWAPS: A limited overnight session for large reported swap flow. Swap rates
sit a touch lower on the day, in sympathy with Tsys & broader risk-off flows,
with the belly of the curve leading in the swap space. Swappable corporate
supply & bill issuance have been the drivers of the space in recent weeks
- Latest spd levels:
- 2Y +0.96/10.00
- 5Y +0.50/5.75
- 10Y +0.03/0.50
- 30Y +0.16/-20.19
- Trades of note included:
- At 03:06GMT there appeared to be a USD100mln receiver of USD 6Y at 2.5344%
- At 06:09GMT there appeared to be a USD75mln receiver of USD 5Y at 2.51266%
- At 06:25GMT there appeared to be a USD240mln+ payer of USD 3Y at 2.52875%
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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