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Spds running steady to mildly mixed, spd...>

US SWAPS
US SWAPS: Spds running steady to mildly mixed, spd curve a touch flatter. Macro
fund paying in 5s vs. real$ receivers in 5s and long end w/other acct receiving
30s, bank portfolio paying in 10s. Latest spread levels:
* 2Y +0.12/25.19
* 5Y +0.00/7.75
* 10Y -0.06/-4.12
* 30Y -0.06/-33.00
Thursday recap: Off early mixed levels, spds running mildly wider by the bell,
spd curve back to flattening, fading current steepening in Tsys. Modest volume,
sources reported light deal-tied flow, receiver unwinds in the short end and spd
curve flatteners in 2s and 5s vs. 10s and 30s. OTC vol mixed, surface steeeper
w/gamma giving back recent gains, vega outperforming.

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