Spds running mixed by Wed's closing........>

US SWAPS: Spds running mixed by Wed's closing bell, spd curve flatter vs.

steepening in Tsy yld curve, wider 2s outpacing 5s on light flow: fast$ payers

in 2s-3s. Latest spd levels:

Time (ET)   2Y Swap/Mid    5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid

Wed 1500    +0.69/+6.75    +0.06/-0.69   -0.38/-5.00    -0.19/-29.44

1245        +0.56/+6.62    +0.06/-0.69   -0.38/-5.00    -0.31/-29.56

1100        +0.00/+6.06    -0.19/-0.94   -0.44/-5.06    -0.12/-29.38

0930        +0.31/+6.38    +0.00/-0.75   -0.38/-5.00    -0.25/-29.50

Wed Open    +0.25/+6.31    +0.00/-0.75   -0.06/-4.69    -0.25/-29.50

Wed 0715    +0.19/+6.25    +0.00/-0.75   -0.19/-4.81    -0.25/-29.50

Tue 1500    +0.75/+5.69    +0.44/-0.81   +0.56/-4.94    -0.38/-29.75

Tuesday recap: Spds running mostly wider by the bell, spd curve flatter w/short

end little off wides but well off near inverted levels just a week ago.

Light/sporadic swap-tied selling in short to intermediates, dearth of deal-tied

hedging.