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Marginally mixed after the bell, spd.......>

US SWAPS
US SWAPS: Marginally mixed after the bell, spd curve mildly steeper on light
second half flow. Modest rate paying in front end ahead next week's supply.
Latest spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
Fri 3:00    -0.12/10.38   -0.12/4.00     +0.38/-1.50   +0.44/-24.44
Fri Open    +0.50/11.00   +0.12/4.25     +0.31/-1.56   +0.25/-24.62
Thu 3:00    -0.50/10.62   +0.31/4.25     +0.38/-1.56   +0.62/-24.94
Thursday recap: Spds have reversed early narrowing to mildly wider across the
board, spd curve steepening out slightly. Recent unwinds of better earlier
receiving in 2s reported in addition to 2s4s7s receiver fly. Earlier: decent
front end receiving in 2s, over $1B nominal from 2.433-2.440%, keeping spds
tighter as ylds rise post data. 

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