Free Trial

Spds inch mildly tighter despite higher....>

US SWAPS
US SWAPS: Spds inch mildly tighter despite higher Tsy ylds this morning, rate
payers in 2s and 5s (2.7437% and 2.697% respectively) fading the move. Latest
spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
9:15        -0.12/14.50   -0.25/8.19     -0.19/3.00    -0.06/-18.31
Wed Open    +0.12/14.75   -0.31/8.12     -0.12/3.06    +0.00/-18.25
Wed 7:30    -0.12/14.50   -0.12/8.31     +0.12/3.31    +0.38/-17.81
Tue 3:00    -0.75/14.75   -0.12/8.38     -0.62/3.12    -0.94/-18.44
Tue Open    +0.38/15.88   +0.25/8.75     -0.25/3.50    -0.25/-17.75
Tuesday recap: Spds inched tighter across the board, short end joining longer
spds amid modest deal-tied flow. Directional w/decline in Tsy ylds, rather
decent rate paying note in shorts to intermediates in second half. Earlier flow
included 2s5s10s receiver fly, modest rate paying in 10s.

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.