Spds running mildly wider across the.......>

US SWAPS: Spds running mildly wider across the curve, rate paying in 5s and 10s

on modest volume. There looks to have been some paying in 5Y swaps in the region

of $300mln, while a little earlier there appeared to be what looked like a

10Y/12Y/15Y butterfly swap in $120mln+. Latest spread levels:

* 2Y +0.38/21.44

* 5Y +0.38/5.69

* 10Y +0.31/-5.06

* 30Y +0.31/-34.81

Wednesday recap: Spds hold wider levels by the bell, spd curve bending steeper

again, but lead by long end this time around. Last several session spd curve

steepening lead by front end amid steady swappable corporate supply. Vacuum of

long end supply adding to latest move wider, specs, real$ bank portfolios and

hedge funds reportedly poised to fade the latest move as supply expected to ramp

up later next week. Outright rate paying snd long end spd curve steepeners

noted. OTC vol steady to mixed, gamma sellers at bay ahead Fri's Aug NFP.