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Spds mostly wider, short end leads move....>

US SWAPS
US SWAPS: Spds mostly wider, short end leads move late; partially tied to lack
of swappable supply heading into the FOMC policy annc. Moderate session flow
included moderate switch activity in 2s and 3s w/better paying on net over the
last 90 minutes. Other flow includes receiver in 5s at 2.93031$, payer in 6s at
2.995%, receiver in 8s at 2.97125%, payers in 9s from 2.984-2.9985% and payer in
10s at 3.00125%. Latest spd levels:
* 2Y  +1.50/26.62
* 5Y  +1.06/12.25
* 10Y +0.56/3.44
* 30Y +0.00/-11.12

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