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Spds running mostly wider, off pre-open....>

US SWAPS
US SWAPS: Spds running mostly wider, off pre-open narrows as rates pared gains
post ADP. rather modest flow so far included small receiver in 7s at 2.605%,
payer in 10s at 2.693%, 3s4s5s receiver fly. Latest spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
8:45        -0.31/17.06   +0.44/7.88     +0.62/3.69    +0.62/-16.44
Thu Open    -0.75/16.62   -0.06/7.38     -0.06/3.00    -0.19/-17.25
Wed 3:00    +0.50/17.00   +0.50/7.25     +0.25/3.00    +0.81/-16.94
Wednesday recap: Spds hold mildly wider by the bell after decent two-way flow
over last couple hours, particularly in 3s from 2.5995-2.6101%, modest receiving
2sd at 2.6678%, payers in 10s at 2.7072%; mixed flys: 2s3s5s receiver, 2s4s10s
payer and 5s7s10s payer flys. 

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