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Spds running mostly wider, long end........>

US SWAPS
US SWAPS: Spds running mostly wider, long end extending move heading into
midday. Front end holding tighter with some accts fading the move via payers in
2s from 2.469%-2.4625%. Other flow includes 4Y switch, $51.3k DV01 2s5s
steepener and $147k DV01 5s10s steepener, $225k 4s7s10s fly receiving the belly.

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