Free Trial

Large reported $ swap flow was more........>

US SWAPS
US SWAPS: Large reported $ swap flow was more active than in recent sessions,
with the U.S. 10-Year Tsy yield's break above the monthly high helping to drive
activity, with flow quieting down in the second half of the session.
Latest spd levels:
* 2Y +0.26/22.88
* 5Y +0.08/14.16
* 10Y +0.09/6.78
* 30Y +0.13/-4.25
Trades of note included:
- At 01:03GMT there appeared to be a USD150mln payer of USD 2Y at 2.8435%
- At 01:26GMT there appeared to be a 5Y-7Y-10Y Fly, paying the belly
- At 01:47GMT there appeared to be a USD92.5k 4Y-5Y-6Y Fly, receiving the belly
- At 02:32GMT there appeared to be a USD200mln receiver of USD 2Y at 2.84625%
- At 02:59GMT there appeared to be a USD100mln payer of USD 5Y at 2.92946%
- The 2Y-3Y-5Y fly was actively passed around
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.