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Large reported flow was fairly balanced....>

US SWAPS
US SWAPS: Large reported flow was fairly balanced overnight, with one large fly
highlighted. Swap rates edged higher, but trade off highs, akin to Tsys. Longer
dated swaps sit a touch wider Vs. Tsys. Latest spd levels: 
* 2Y -0.07/18.68
* 5Y +0.06/13.63
* 10Y +0.51/6.00
* 30Y +0.25/-10.00
- Trades of note included:
- At 01:09GMT there appeared to be a USD120mln payer of USD 7Y at 3.1577%
- At 01:09GMT there appeared to be a USD100mln payer of USD 7Y at 3.1577%
- At 01:09GMT there appeared to be a USD54mln payer of USD 8Y at 3.1752%
- At 01:12GMT there appeared to be a USD100mln receiver of USD 5Y at 3.13275%
- At 01:12GMT there appeared to be a USD100mln receiver of USD 5Y at 3.13275%
- At 01:14GMT there appeared to be a USD50mln receiver of USD 10Y at 3.21251%
- At 01:25GMT there appeared to be a USD171.2+k 7Y-8Y-9Y Fly, paying the belly
- At 05:03GMT there appeared to be a USD50mln receiver of USD 7Y at 3.1483%
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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