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Spds crushed, directional w/drop in Tsy....>

US SWAPS
US SWAPS: Spds crushed, directional w/drop in Tsy ylds, short end inverts for
second time ever (last time on June 25). Forced payer unwinds at play as well as
outright receiving in 3s and 10s, light paying in 5s after better receiving
earlier, 3s7s10s receiver fly. Latest spd levels (Net change/Mid lvl):
Time (ET)   2Y Swap/Mid    5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
1100        -2.62/-0.06    -2.31/-5.75   -2.50/-10.25   -3.62/-41.12
0945        -2.00/0.56     -1.88/-5.31   -2.38/-10.12   -3.38/-40.88
Mon Open    -1.50/1.06     -1.07/-4.52    -1.57/-9.32   -2.32/-39.85
Fri 1500    -0.25/2.75     -0.85/-3.50    -0.32/-8.00   +0.09/-37.90

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