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Spds running steady to marginally mixed....>

US SWAPS
US SWAPS: Spds running steady to marginally mixed at the moment, narrow range
following quiet overnight with some light rate receiving in 5s, paying in 7s and
10s recently. Expecting pick-up in deal-tied hedging. Latest spd levels:
* 2Y -0.25/19.25
* 5Y +0.00/13.38
* 10Y +0.12/6.12
* 30Y +0.06/-8.19
Tuesday recap: Spds mostly wider by the close, spd curve steeper w/long end
leading as opposed to Mon's front end lead flattening. Deal-tied flow in the
mix, rate paying in intermediates to long end, fast$ and prop acct payer unwinds
in short end.

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