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Spds running wider by the bell,wings.......>

US SWAPS
US SWAPS: Spds running wider by the bell,wings outpacing intermediates, modest
rebound from Tue's narrowing. Decent flow on the day: $296.2k 2Y-5Y-10Y Fly,
receiving the belly; $296.2k 2Y-7Y-10Y Fly, receiving the belly; $363.4k
5Y-10Y-20Y Fly, receiving the belly; $478k 2Y-20Y-30Y Fly, paying the belly;
478k 8Y-10Y-30Y Fly, paying the belly
Outrights and curve flow:
* $380mln payer of USD 2Y at 2.41493%
* $62.4k DV01 2Y-5Y STEEPENER. Early flow included rate paying in 5s at
2.64138%, bank receiving in intermediates. Latest spread levels:
* 2Y  +1.81/27.12
* 5Y  +0.38/9.62
* 10Y +0.39/1.38
* 30Y +1.38/-16.50

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