Free Trial

Spds running mostly tighter after the......>

US SWAPS
US SWAPS: Spds running mostly tighter after the bell, off earlier lows. Decent
volume into the NY open included $410mln payer of USD 2Y at 2.78165%, smaller
3s5s spd steepener, $120.2k 2Y-3Y-4Y Fly and $186.2k 3Y-5Y-6Y Fly, both
receiving the belly. Latest spd levels:
* 2Y  -0.31/25.62
* 5Y  -0.50/12.00
* 10Y -0.31/3.44
* 30Y +0.25/-9.75
Tuesday recap: Spds running mostly tighter, long end bucking move all session.
Better receivers on net in 2s-5s in first half, two-way curve flow in 2s5s,
7s10s steepener, two-way in the intermediates tended toward better paying.
Deal-tied flow in the mix on decent supply. 

To read the full story

Close

Why MNI

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.