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

US SWAPS: Spds running mostly tighter after the bell, mostly at/near session

lows w/long end bouncing wider late in session. Limited two-way flow on day,

corporate issuance hedge unwinds helping late compression. Current levels:

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

Wed 1500    -0.31/+7.12    -0.56/+1.19   -0.56/-4.38    +0.19/-30.31

1330        -0.06/+7.38    -0.69/+1.06   -0.69/-4.50    -0.25/-30.75

1100        -0.19/+7.25    -0.38/+1.38   -0.44/-4.25    -0.12/-30.62

0930        +0.19/+7.62    -0.25/+1.50   -0.31/-4.12    +0.00/-30.50

Wed Open    +0.31/+7.75    -0.25/+1.50   -0.19/-4.00    -0.12/-30.62

Tue 1500    +0.00/+7.50    +0.38/+1.62   +0.50/-3.75    +0.88/-30.38

Tuesday recap: Spds running mildly wider for the most part, 10Y steady. Light

swap-tied flow coming into the session, some rate paying in 2s, deal-tied

sellers in belly.