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US SWAPS: Spds compressing, spd curve back to steepening after brief flip/flop
flatter earlier. Recent front end flow two-way w/better receivers in 5s, as well
as light deal-tied flow in the mix. Earlier, sources reported rate paying in 2s,
2s5s spd flattener and 2s3s5s swap fly helping keep levels in range. Latest
* 2Y -0.56/25.38
* 5Y -0.88/5.75
* 10Y -0.12/-5.75
* 30Y -0.25/-34.69