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Spds running mildly wider out the curve,...>

US SWAPS
US SWAPS: Spds running mildly wider out the curve, light deal-tied paying, corp
issuance running behind early week pace. Latest spread levels:
* 2Y +0.12/26.06
* 5Y +0.25/7.12
* 10Y +0.31/-4.81
* 30Y +0.25/-33.31
Tuesday recap: After drifting around steady/mixed levels most of session, spds
inch tighter late, 5yr leading move. Largely driven by deal-tied flow, some
dealers like Citgroup expecting surge in issuance to weigh on spds, in
particular 5s, see 1425ET bullet. OTC vols off first half highs as underlying
rates bounced off lows. 

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