Free Trial

Spds cinched tighter amid decent two-way...>

US SWAPS
US SWAPS: Spds cinched tighter amid decent two-way flow, spd curve flattening
further in late trade. Earlier flow included receivers in front end, payers in
intermediates, two-way curve and fly flow on light size. Convexity related
paying in intermediates keeping spd narrowing tethered there. OTC vol mostly
firmer, gamma outpacing heading into the weekend, 1M10Y bid late.  Latest spread
levels:
* 2Y  -0.88/23.69
* 5Y  -0.62/7.94
* 10Y -0.31/-2.32
* 30Y -0.38/-30.38

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.