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Spds running mostly tighter by the bell,...>

US SWAPS
US SWAPS: Spds running mostly tighter by the bell, spd curve still flatter but
w/long end leading compression late. Two-way in 2s during second half helped
front end off narrows (decent $460M payer in 2s at 2.8109% earlier faded
compression in first half), fast$ 10s30s steepeners. Late flow included $190M
payer 5s at 3.003%, $170M receiver 7s at 3.0415%, $213.6k 2Y-5Y-7Y Fly,
receiving the belly. Latest spd levels:
* 2Y  -0.06/23.69
* 5Y  +0.25/10.12
* 10Y -0.31/3.38
* 30Y -1.06/-9.25

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