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Spds inching tighter now spd curve.........>

US SWAPS
US SWAPS: Spds inching tighter now spd curve flatter, rate paying in 2s at
2.490%, Japanese acct paying in 30s. Latest spread levels:
* 2Y  -0.19/27.06
* 5Y  -0.44/9.56
* 10Y -0.25/1.62
* 30Y -0.50/-15.75
Friday recap: Spds running mostly wider by the bell, long end off midday
highs/pared move in second half. Front end holding tighter with some accts
fading the move via payers in 2s from 2.469%-2.4625%. Other flow includes 4Y
switch, $51.3k DV01 2s5s steepener and $147k DV01 5s10s steepener, $225k 4s7s10s
fly receiving the belly.

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