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Running mildly tighter, low end narrow.....>

US SWAPS
US SWAPS: Running mildly tighter, low end narrow range on decent rate receiving
over last hour in 2s, 3s and 5s, 2s3s10s receiver fly. Latest spd levels:
Time(ET)   2Y Swap/Mid    5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
1115       -0.12/+2.75    -0.56/-0.69   -0.56/-5.56    -0.50/-32.75
0945       -0.06/+2.81    -0.38/-0.50   -0.50/-5.50    -0.50/-32.75
Fri Open   +0.00/+2.88    -0.25/-0.38   -0.50/-5.50    -0.44/-32.69
Fri 0715   +0.38/+3.25    -0.25/-0.38   -0.50/-5.50    -0.25/-32.50
Thu 1500   -1.47/+3.06    -0.81/+0.06   -0.50/-5.00    -1.00/-32.50
Thu Open   -0.38/+4.15    +0.00/+0.75   +0.19/-4.31    -0.12/-31.62
Thursday recap: Directional correlation continues for second day, spds running
directionally tighter with lower Tsy ylds, on lows late as swappable corp supply
resumes ($9.25B Carrier Global six-tranche jumbo, largest of year so far) after
dearth of midweek issuance.

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