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Spds steady/mixed all session while spd....>

US SWAPS
US SWAPS: Spds steady/mixed all session while spd curve extends flattening late
w/wings on respective extremes. Combo late risk-off rate paying by specs and
proactive deal-tied hedging ahead next week high grade supply helped spur move;
choppy long end moves in rates today spurred some payer unwinds. OTC vol steady
to mixed vs. prior session, gamma, particularly 1-3M10Y bid for the week. Latest
spread levels:
* 2Y +0.69/26.22
* 5Y +0.25/8.25
* 10Y -0.25/-3.81
* 30Y -0.88/-32.94

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