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Spds running mostly wider after the........>

US SWAPS
US SWAPS: Spds running mostly wider after the bell, intermediates off early
narrows with some moderate
rate paying in 10s. Spd curve remains flatter after better paying in 2s and 5s.
Implied vols sagging as limited real vol evaporates, decent put volume on
two-way flow,focus on 1H'18 downside/rate-hike insurance. Some unwinds, profit
taking ahead next week's FOMC, rate hike expected. Latest spread levels:
* 2Y  +1.38/19.94
* 5Y  -0.12/6.00
* 10Y -0.31/+1.06
* 30Y +0.62/-20.62

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