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US SWAPS
US SWAPS: Spds running mostly tighter, 5yr bucking move all day, holding mildly
wider on light 2-way flow. Late morning flow includes steepeners in 2s vs. 3s
and 5s, flurry of flys include 2s3s10s, 2s4s10s and 5s7s10s, all receiving the
belly. No deal-tied flow amid dearth of swappable issuance heading into weekend.
Expect to see pick-up in latter next week as banks exit latest earnings season.
Latest spd levels:
* 2Y  -0.44/22.75
* 5Y  +0.12/14.12
* 10Y -0.25/6.69
* 30Y -0.50/-3.62
MNI Chicago Bureau | +1 312-431-0089 | bill.sokolis@marketnews.com