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*** Spds hold mixed lvls by the bell.......>

US SWAPS
US SWAPS: *** Spds hold mixed lvls by the bell after narrowing in early trade,
light swap flow included sporadic rate paying tied to hedge acct story losing
ground to incoming supply (KFW and ADB) today. Sources noted receiving in the
intermediates by leveraged$ earlier in addition to two-way flow from specs
positioning differing opinions over possible increased auction sizes. Latest
spread levels:
* 2Y -0.62/24.06
* 5Y +0.19/7.25
* 10Y -0.06/-4.69
* 30Y +0.06/-34.38

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