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

US SWAPS
US SWAPS: Spds running tighter across the curve, wings just outpacing belly.
Second half flow includes receiver in 2s at 2.565%, better paying in 7s, 9s and
10s. Earlier flow included better receivers in 2s-5s; two-way flys w/2s3s4s
payer, 2s5s6s receiver. Latest spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
1:45        -1.00/10.44   -0.75/5.62     -0.75/0.69    -1.19/-23.31
11:30       -0.94/10.50   -0.56/5.81     -0.69/0.75    -1.25/-23.38
9:00        -0.81/10.62   -0.88/5.50     -1.00/0.44    -1.50/-23.62
Tue Open    +0.25/11.69   -0.06/6.31     -0.06/1.38    -0.38/-22.50
Mon 3:00    -0.94/11.12   -0.31/6.56     -0.31/1.44    +0.25/-22.25
Monday recap: Well off early wides by the closing bell, swappable incoming
supply has weighed on spds, decent issuance in 3s-10s and 30s after dearth of
supply late last week. 

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