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Spds tighter w/long end at/near inverted...>

US SWAPS
US SWAPS: Spds tighter w/long end at/near inverted lows by the bell. Spds gapped
tighter on Tsy record refunding annc includes $20B 20Y. 10Y spds are back to
late Mar lvls. Short end resisted move w/focus more on long end Tsy supply.
Surge in the number of corporate debt issuers added to moves in rates and spds.
Latest spd levels:
Time(ET)   2Y Swap/Mid   5Y Swap/Mid    10Y Swap/Mid   30Y Swap/Mid
Wed 1500  -0.50/+11.56   -1.50/+2.75    -3.00/-3.75    -3.00/-50.00
1245      -0.25/+11.81   -1.31/+2.94    -2.69/-3.44    -3.38/-50.38
1100      -0.62/+11.44   -1.50/+2.75    -3.00/-3.75    -3.75/-50.75
0900      -0.31/+11.75   -0.75/+3.50    -2.25/-3.00    -2.75/-49.75
Wed Open  -0.06/+12.00   -0.25/+4.00    +0.00/-0.75    +0.25/-46.75
Wed 0700  +0.00/+12.06   -0.50/+3.75    +0.00/-0.75    +0.00/-47.00
Tue 1545  -0.88/+12.25   +0.62/+4.38    +0.00/-0.50    -0.25/-47.00

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