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Spd update, running mostly wider after.....>

US SWAPS
US SWAPS: Spd update, running mostly wider after the bell, 5yr leading move,
long end off narrows lat. 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) and ongoing repo specials
that adds to widening. Receiver unwinds in the mix as weaker hands throw in the
towel. OTC and exchange traded option vol higher/off highs on days sudden rate
rally following EGBs on delayed ECB Draghi react. Latest spread levels:
* 2Y +0.75/23.69
* 5Y +1.12/8.50
* 10Y +0.38/-3.50
* 30Y -0.19/-33.88

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