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Spds running tighter by the closing........>

US SWAPS: Spds running tighter by the closing bell, spd curve steeper all day as
narrowing in front end took place of wider 30Y spd after long end climbed to new
2+ year highs early in day. Aside from some deal-tied hedging, flow included
* $90.2k DV01 2Y-5Y STEEPENER, 
* $151.8k DV01 10Y-10Y STEEPENER
* $120mln+ receiver of USD 20Y at 2.565%
* $168.6k DV01 5Y-6Y-7Y Fly, receiving the belly. Latest spread levels:
* 2Y  -0.75/18.94
* 5Y  -0.44/6.06
* 10Y -0.25/-1.62
* 30Y -0.12/-24.88

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