Free Trial

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

US SWAPS
US SWAPS: Spds running mostly wider after the NY open, narrow range. Decent but
mixed flow helping keep spds in range, $600M receiver 1s at 2.765-2.7394%, 2-way
in 2s around 2.6797-2.6795%, same in 3s around 2.6157-2.6145%, modest payer 5s
at 2.5985%, 2s3s5s payer fly. Latest spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
Mon Open    +0.38/15.75   +0.31/8.88     +0.19/2.44    -0.38/-19.50
Mon 7:30    +0.62/16.00   +0.25/8.81     +0.19/2.46    -0.25/-19.38
Fri 2:45    +1.25/15.75   +0.50/8.50     +0.12/2.25    +0.00/-18.62
Friday recap: Recent Eurodollar Blocks..3K Red packs, 10k Red Jun20 1y bundles
are likely sales -- and swap related as 2Y swap spd has hit session wides last
20 minutes. No Tsy auctions next week...but corp issuance should ramp up on
heels of multiple financial shares issuing earning (Q4) next week. 

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.