Free Trial

After drifting around steady/mixed.........>

US SWAPS
US SWAPS: After drifting around steady/mixed levels most of session, spds inch
tighter late, 5yr leading move. Largely driven by deal-tied flow, some dealers
like Citgroup expecting surge in issuance to weigh on spds, in particular 5s,
see 1425ET bullet. OTC vols off first half highs as underlying rates bounced off
lows. Latest spread levels:
* 2Y -0.06/25.44
* 5Y -0.75/7.00
* 10Y -0.38/-4.88
* 30Y -0.12/-33.56

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.