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Spd update, running mixed/spd curve........>

US SWAPS
US SWAPS: Spd update, running mixed/spd curve flatter as short end holding
wider, spds out the curve flip to tighter to the relief of receiver positions.
Deal-tied selling and rate paying as spd curve flattens. Incoming supply not
enough to counter effect of safe-haven/risk-off bid in Tsys (N Korea tension,
Hurricanes Harvey, Irma, anyone else?) and ongoing repo specials that adds to
widening. Latest spread levels:
* 2Y +0.75/23.69
* 5Y +0.75/8.12
* 10Y -0.12/-4.25
* 30Y -0.88/-34.56

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