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Spds running mildly wider for most part,...>

US SWAPS
US SWAPS: Spds running mildly wider for most part, long end back to steady.
Light swap-tied buying 2s, selling 5s earlier; 2-way in 2s around
2.5850-2.5865%, payer in 3s at 2.5214%. Latest spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
Wed Open    +0.44/12.00   +0.12/6.88     +0.12/1.56    +0.00/-20.19
Wed 7:30    +0.19/11.75   +0.06/6.81     +0.12/1.56    -0.06/-20.25
Tue 3:00    -0.94/11.62   -0.88/6.62     -0.66/1.38    -0.50/-20.12
Tuesday recap: Spds cinching tighter across the board amid better than
anticipated swappable issuance from financial names ($4.5B World Bank 5Y,
Kommunalbanken 2Y, Bank of America 6NC5, SunTrust Bank 5Y, $1B MuniFin 5Y).
Better rate lock paying over last couple hours, two-way in 2s, 3s5s7s payer fly
noted.

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