Trial now

Down 0.16% versus the USD


Manufacturing PMIs the early focus


Split vote expected this week

US SWAPS: *** Spds still wider in the wings while intermediates receded back to
near steadyheading into midday. Recent flow includes some 2-way in short end
* US$300mln receiver of USD 2Y at 1.5675%, 1118ET
* US$100mln payer of USD 5Y at 1.81875%, 1116ET
* US$240mln payer of USD 2Y at 1.56875%, 1116ET
US corporate, supra-sovereign and Tsy note supply as well as some formosa
issuance sources note, has generated some decent hedging in the first half.
Latest spread levels:
* 2Y +1.38/23.38
* 5Y +0.00/7.38
* 10Y +0.06/-4.38
* 30Y +0.50/-34.75
MNI Chicago Bureau | +1 312-431-0089 |