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US SWAPS: Spds have turned mixed from mildly wider levels after the open, short
end breaking through narrow session range/narrowing last few minutes. Modest
flow, desks reporting light deal-tied paying in 2s and 5s and receiving in 10s.
Short end move likely due to expected pick up in swappable supply after a slow
start to the session. Latest spread levels:
* 2Y -0.69/25.25
* 5Y +0.12/7.00
* 10Y -0.12/-5.25
* 30Y +0.25/-33.31