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Spds running marginally tighter in the.....>

US SWAPS
US SWAPS: Spds running marginally tighter in the wings vs. steady/mildly wider
intermediates. Rather quiet again overnight though recent flow includes rate
paying in 5s at 2.8250%, 2s3s5s and 3s5s10s receiver flys on modest size. Latest
spd levels:
* 2Y -0.19/13.56
* 5Y +0.00/10.50
* 10Y +0.19/3.50
* 30Y -0.25/-14.75
Thursday recap: Spds running mostly wider, spd curve flatter w/short end on
session wides amid carry-over rate paying in 2s-5s (modest receiving in 2s and
10s). Relative quiet. 

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