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Spds running mildly wider for the most.....>

US SWAPS
US SWAPS: Spds running mildly wider for the most part, narrow range on modest
overnight flow. Sources noted bank receiving 10s earlier, receiving 2s5s7s and
3s7s10 flys more recently, rate paying 5s at 2.995%. Latest spd levels:
* 2Y  -0.06/21.81
* 5Y  +0.19/14.12
* 10Y +0.22/7.31
* 30Y +0.31/-4.12
Wednesday recap: Spds holding mixed into the close, spd curve flatter vs.
steeper Tsy curve all session. Flow evaporated into the FOMC, remained muted
into the close. Decent earlier flow included payer in 3s (2.96875%), 2-way in
5s, receiver in 10s (3.0625) and spd curve steepeners in 5s10s. Multiple
short-intermediate flys/receiving belly: 2s5s10s, 3s5s10s, 3s5s7s and 3s7s9s. 

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