Free Trial

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

US SWAPS
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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.