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Curve plays favoured flatteners as Tsys....>

US SWAPS
US SWAPS: Curve plays favoured flatteners as Tsys moved higher, before interest
cooled, while outright flows initially favoured receivers on the Tsy uptick,
flow has been more mixed as Tsys moved from best levels.
- Latest spd levels:
* 2Y +0.09/27.09
* 5Y +0.13/14.75
* 10Y +0.13/6.75 
* 30Y -0.11/-5.50
- At 01:54GMT there appeared to be a USD42.9k DV01 2Y-3Y FLATTENER at
7.87500000000003bp
- At 02:07GMT there appeared to be a USD21.5k DV01 2Y-3Y FLATTENER at
7.87500000000003bp
- At 04:40GMT there appeared to be a USD86k DV01 5Y-10Y FLATTENER at
4.49999999999999bp
- At 06:14GMT there appeared to be a USD25k DV01 3Y-5Y STEEPENER at
3.82399999999996bp
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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