Free Trial

Spds mostly wider by the bell, scaling.....>

US SWAPS
US SWAPS: Spds mostly wider by the bell, scaling back midday wides in long end
just as 30Y bonds move off midday support following UK PM May confidence vote
win. Flow remained largely two-way in short end, receivers in 5s and 10s,
2s5s10s receiver flys, deal-tied paying in 2s-10s. Interesting to see long end
lead current move but desks not seeing supporting flow for 2.38 move. Latest spd
levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
Wed 3:00    +0.00/16.59   +0.25/9.31     +0.38/3.25    +1.00/-20.00
12:15       +0.16/16.75   +0.50/9.56     +0.75/3.62    +1.81/-19.19
Wed Open    +0.19/16.81   +0.25/9.31     -0.12/2.75    -0.56/-21.56
Wed 7:30    -0.12/16.50   +0.25/9.31     +0.19/3.06    -0.12/-21.12

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.