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Spds running wider across the curve in.....>

US SWAPS
US SWAPS: Spds running wider across the curve in early trade, short end leading
while 3M FRA/OIS widening again as well (26.20/+.70). Contributing to move is
nearly $920M paying in 2s around 1.8435-1.8560%, payer in 10s at 1.977% on
lighter size, and 5s7s10s payer fly. Dearth of swappable corporate supply adding
to move as issuers wait for latest earnings to wind down. Latest spd level:
Time (ET)   2Y Swap/Mid    5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
1015        +0.88/3.00     +0.32/-1.15    +0.32/-6.40   +0.45/-34.80
0900        +0.56/2.68     +0.27/-1.20    +0.27/-6.45   +0.55/-34.70
Mon Open    +0.38/2.50     +0.07/-1.40    +0.12/-6.60   +0.55/-34.70
Fri 1500    -0.31/2.00     +0.25/-1.56    +0.56/-6.81   +0.88/-35.56

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