Free Trial

Spds stand little changed since first......>

US SWAPS
US SWAPS: Spds stand little changed since first half, spd curve steeper/short
end running tighter vs. mildly wider levels on narrow range out the curve.
Midday flow predominantly rate paying in 3s, 4s 9s and 10s. Short end holds
tighter level amid decent swappable supply. Earlier flow included rate paying in
2s-3s fading the move, decent sized 2Y-3Y-5Y Fly (paying the belly), 2s vs. 5s
and 10s steepeners. Latest spd levels:
* 2Y -0.94/19.50
* 5Y +0.19/15.38
* 10Y +0.38/6.88
* 30Y +0.06/-11.44

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.