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Spds tighter across the curve, just off....>

US SWAPS
US SWAPS: Spds tighter across the curve, just off low end session range after
initial move. Modest deal-tied flow in short end, modest two-way flow w/better
bank and real$ receiving in intermediates to long end. Earlier flow included
5s/10s flattener, $191.8k 3s5s10s fly, receiving belly. OTC vol actually weaker
despite late drive higher in Tsy ylds. Latest spread levels:
* 2Y  -2.12/22.00
* 5Y  -0.88/8.69
* 10Y -1.44/1.12
* 30Y -1.12/-16.25

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