Spds running steady/mixed, narrow range,...>

US SWAPS: Spds running steady/mixed, narrow range, two-way in 2s5s curve trade,

3s5s steepener and 5s switch recently, macro fund receiver in 30s earlier.

Incoming supply and 30Y R/O keeping lid on spds. Latest spread levels:

* 2Y  +0.12/19.62

* 5Y  -0.06/4.12

* 10Y +0.00/-1.81

* 30Y -0.62/-21.81

Wednesday recap: Off early mixed levels, spds running tighter across the board,

spd curve holding flatter even as Tsy curve rebounds late. Spd narrowing on back

of decent supra-sovereign supply today ($6.5B Sultanate of Oman (OMAN)

5s/10s/30s, IADB priced $3.75B 5Y, total $2B State of Israel w/$1B each 10- and

30Y). Earlier, sources reported macro fund receiving in 10s, payers in 2s at

2.169% and 5s at 2.40875%., carry-over macro fund receiving in 10s and 30s. OTC

and exchange traded option vol reversed gains late as underlying moved off lows.