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Spds session extremes by the bell, curve...>

US SWAPS
US SWAPS: Spds session extremes by the bell, curve flatter for third consecutive
session. Decent earlier flow included receivers in 10s preceded decent $410M
paying in 2s at 2.8243%, receiver 5s at 3.02225%, $291k 5Y-7Y-10Y Fly, paying
the belly. By midday, near $1B receiver in 1Y at 2.57228-2.573%, payers in 4s
and 5s (2.98875% and 3.03125% respectively), two-way fly trade includes $291.2k
5Y-7Y-10Y Fly, paying the belly and $291.2k 2Y-3Y-10Y Fly, receiving the belly.
Latest spd levels:
* 2Y  +1.69/24.62
* 5Y  +0.38/10.00
* 10Y -0.25/3.12
* 30Y -0.94/-8.31

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