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EQUITIES

Deeper in the red going into the EU cash open

GILTS

Gilts opening calls

GBP

Cable test session low

US SWAPS
US SWAPS: Belly of the swap curve is modestly outperforming, much like Tsys,
with swap rates a touch lower across the board. Spds vs. Tsys touch wider in the
main, a pattern which held through Asian hours.
Latest spd levels:
* 2Y +0.60/14.64
* 5Y -0.03/7.00
* 10Y +0.10/2.75
* 30Y +0.27/-16.13
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com