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Spds running mildly tighter on light.......>

US SWAPS
US SWAPS: Spds running mildly tighter on light bank portfolio receiving in
intermediates earlier. More recent flow includes 2-way 3s4s curve action, 2s3s
steepener and decent rate receiving in 1s and 5s. Latest spd levels:
* 2Y  -0.19/26.00
* 5Y  -0.19/14.44
* 10Y -0.25/6.50
* 30Y -0.06/-7.25
Monday recap: Spds running tighter by the bell, well off session narrows. Muted
flow amid 2-way in 2s and 5s around midday followed by spd curve steepeners in
2s vs. 5s and 7s, receiver in 8s at 2.91563%.

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