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Short end leads widening across curve,.....>

US SWAPS: Short end leads widening across curve, very light flow with appr $100k
DV01 2s5s flattener, payer in 5s at 2.90109% most recently. Latest spd levels:
* 2Y  +1.12/27.88
* 5Y  +0.38/12.88
* 10Y +0.19/3.44
* 30Y +0.25/-11.25
Thursday recap: Spds running wider for the most part, short end off wides late
amid light two-way flow on day: sporadic switch action in 2s and 5s earlier, 2s
and 5s vs. 10s spd curve steepener , deal-tied hedging in the mix.

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