Spds running mostly tighter now, low end...>

US SWAPS: Spds running mostly tighter now, low end of range after earlier mixed

indications. Modest overnight flow included bank portfolio receivers in 5s early

on mild paying in 2s, receiving in 3s later overnight, $83.3k DV01 2Y-6Y

FLATTENER. Latest spread levels:

* 2Y  +0.12/20.38

* 5Y  -0.06/7.25

* 10Y -0.62/+3.81

* 30Y -1.31/-12.38

Monday recap: Spds running mostly tighter, well off early narrows by the close,

spd curve steepening out later in second half even as Tsys pared gains as US Gov

shutdown looks to be headed for a short term resolution, House to vote tonight.

Light mixed flow on net, less deal-tied hedging compared to last week. Front end

flatteners and two-way fly action in the intermediates. Early, bit of a reversal

after long end gapped wider, sources reported  rate and spd receiving in 10s,

prop receiver/payer unwind 30s.