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Reporting on key macro data at the time of release.
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US SWAPS: Spds turn steady/mixed by the bell, paring much of early narrowing,
decent swappable issuance keeping hedging active across the curve. Earlier flow
included recent payer in 2s at 2.828%, 2s8s9s and 8s9s10s flys, both receiving
the belly. Latest spd levels:
* 2Y -0.38/22.19
* 5Y +0.00/13.75
* 10Y +0.25/6.50
* 30Y +0.25/-4.25