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Shorter dated spreads are a little.........>

US SWAPS
US SWAPS: Shorter dated spreads are a little tighter vs. Tsys, while the belly
and longer end are a tad wider.
- Latest spread levels:
* 2Y -0.45/27.80
* 5Y +0.31/14.25
* 10Y +0.38/6.25
* 30Y +0.50/-6.75
- At 01:47GMT there appeared to be a USD170mln+ receiver of USD 6Y at 2.935%
- At 01:48GMT there appeared to be a USD87mln receiver of USD 7Y at 2.94938%
- At 01:49GMT there appeared to be a USD120mln receiver of USD 5Y at 2.91875%
- At 02:17GMT there appeared to be a USD300mln payer of USD 2Y at 2.78625%
- At 02:35GMT there appeared to be a USD63mln payer of USD 15Y at 3.04625%
- At 03:01GMT there appeared to be a USD46.4k DV01 2Y-5Y STEEPENER at 14.47bp
- At 03:01GMT there appeared to be a USD220mln payer of USD 2Y at 2.7835%
- At 04:43GMT there appeared to be a USD160mln receiver of USD 3Y at 2.855%
- Clips of USD100mln worth of 5Y were 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

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