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Spds running tighter across the board,.....>

US SWAPS
US SWAPS: Spds running tighter across the board, short end sub-1.0 and headed
towards inversion for the first time ever. Muted swap-tied flow includes ongoing
payer unwinds, some light deal-tied flow in the mix. Current spd levels:
Time (ET)   2Y Swap/Mid    5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
Mon 1500    -1.25/0.88     +0.06/-2.38    -0.38/-7.12   -1.00/-34.62
1315        -0.50/1.62     +0.44/-2.00    -0.12/-6.88   -0.75/-34.38
1030        -1.12/1.00     +0.19/-2.25    +0.00/-6.75   +0.12/-33.50
9:00        -0.38/1.75     +0.62/-1.81    +0.38/-6.38   +0.12/-33.50
Mon Open    -0.25/1.94     +0.50/-1.94    +0.25/-6.50   +0.12/-33.50
Fri 1500    -0.50/1.50     -0.94/-2.50    -0.75/-6.75   -1.12/-33.62

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