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Spds running mildly tighter across the.....>

US SWAPS
US SWAPS: Spds running mildly tighter across the curve, recent payers short end,
2s ($200M, 1.5708%) and3s ($130M, 1.6648%). Latest spread levels:
* 2Y -0.06/22.94
* 5Y -0.25/6.75
* 10Y -0.25/-5.12
* 30Y -0.16/-35.31
Tuesday recap: Spds mixed by the bell, wings wider vs. tighter intermediate spds
on late supply hedge unwinds. US corporate, supra-sovereign and Tsy note supply
as well as some formosa issuance sources generated some decent hedging on
session, late $460M 2Y receiver at 1.56329%. Earlier 2-way in 2s and 5s. OTC and
exchange traded option vol weaker across the surface; decent volume, renewed
buying low delta puts on another sell-off in underlying.

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