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Risk-off flows surrounding U.S.-North......>

US SWAPS
US SWAPS: Risk-off flows surrounding U.S.-North Korean summit matters have
promoted further flattening in the swap curve.
- Latest spd levels:
- 2Y +0.38/9.31 - 5Y +0.13/5.75
- 10Y -0.19/0.44 - 30Y -0.13/-21.50
- Trades of note included:
- At 00:02GMT there appeared to be a USD95.6k DV01 7Y-30Y STEEPENER at 26.73bp
- At 01:51GMT there appeared to be a USD71mln payer of USD 10Y at 2.68%
- At 01:52GMT there appeared to be a USD100mln payer of USD 15Y at 2.79125%
- At 03:45GMT there appeared to be a USD60mln payer of USD 3Y at 2.532%
- At 03:46GMT there appeared to be a USD110mln receiver of USD 2Y at 2.58004%
- At 06:01GMT there appeared to be a USD77mln receiver of USD 2Y at 2.57684%
- At 06:06GMT there appeared to be a USD51.3k DV01 5Y-30Y STEEPENER at 31.229bp
- At 06:06GMT there appeared to be another USD51.3k DV01 5Y-30Y STEEPENER at
31.229bp
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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