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Spds running steady/mixed by the close,....>

US SWAPS
US SWAPS: Spds running steady/mixed by the close, spd curve steeper vs. flatter
Tsy curve. Front end tighter on the back of decent issuance in 3s-5s, not to
mention the upsized $26B Tsy note auction. OTV swaption vol higher/off highs as
markets finish on a much more stable tone compared to Mon. Latest spread levels:
* 2Y  -1.50/23.69
* 5Y  +0.00/9.81
* 10Y +1.44/2.75
* 30Y +2.25/-15.25

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