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Spd curve continues to steepen, steady.....>

US SWAPS
US SWAPS: Spd curve continues to steepen, steady drip of front end receiving
w/multiple $100M receiver trading in 5s, bank rate receiving 10s, macro
receiving in back end. Latest spread levels:
* 2Y -1.25/20.56
* 5Y -0.50/5.50
* 10Y -0.06/-6.38
* 30Y +0.00/-36.00
Monday recap: Spds running steady/mixed into the close, spd curve steeper. Early
session flow remains light, appr $182M 5Y payer from 1.7930-1.7995% at
1002-1003ET, followed modest 3s4s5s ratio spd fly. 

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