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Spds tighter by the bell, short end........>

US SWAPS
US SWAPS: Spds tighter by the bell, short end leads move. Decent midday flow
includes rate paying in 1s (2.755%) and 2s (2.6225%), receivers in5s around
2.5769-2.5658%. Fly action includes 2s5s10s receiver, two-way in 2s3s5s, 5s7s10s
payer. Earlier flow included >$500M 1Y receiver at 2.7175%, receiver in 2s at
2.6322% coming into NY open, 8s9s10s payer fly. Latest spd levels:
Time (ET)   2Y Swap/Mid   5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
Mon 3:00    -1.12/14.44   -0.12/6.94     -0.38/2.69    -0.31/-16.56
12:00       -1.06/14.50   +0.12/7.19     -0.38/2.69    -0.06/-16.31
10:15       -0.81/14.75   -0.25/6.81     -0.56/2.50    -0.31/-16.56
Mon Open    -0.56/15.00   -0.38/6.69     -0.44/2.62    +0.25/-16.00
Mon 7:15    +0.00/15.56   +0.12/7.19     +0.25/3.31    +0.75/-15.50
Fri 3:00    +0.06/15.50   +0.50/6.50     +0.69/2.69    +1.31/-16.69

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