Free Trial

Spds running mildly wider, paring Thu's....>

US SWAPS: Spds running mildly wider, paring Thu's move for most part while long
end continues to inch wider. Light overnight flow includes payers in 5s and some
front end curve play. Latest spd levels:
* 2Y  +0.31/18.53
* 5Y  +0.19/13.10
* 10Y +0.19/7.44
* 30Y +0.25/-5.25
Thursday recap: Spds running mostly tighter into the closing bell, spd curve
steeper vs. flatter Tsy yld curves. In-line flow on muted volume includes rate
receiving in 2s and 5s after 2-way in 3s earlier. Note, short end inching back
to near lows for the year.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.