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Spds were tighter across the board Thu,....>

US SWAPS
US SWAPS: Spds were tighter across the board Thu, bottom of session range amid
pick up in swappable corporate issuance. Otherwise quiet swap related activity.
Latest spd levels
Time(ET)   2Y Swap/Mid   5Y Swap/Mid    10Y Swap/Mid   30Y Swap/Mid
Thu 1600  -0.75/+18.00   -1.00/+8.00    -0.62/+3.62    -0.75/-40.12
1200      -0.88/+17.88   -1.06/+7.94    -0.50/+3.75    -0.50/-39.88
1000      -0.81/+17.94   -1.00/+8.00    -0.31/+3.94    -0.38/-39.75
Thu Open  -0.25/+18.50   -0.75/+8.25    +0.00/+4.25    -0.62/-40.00
Thu 0715  -0.69/+18.06   -0.50/+8.50    +0.12/+4.38    -0.50/-39.88
Wed 1500  -0.88/+19.75   -1.25/+9.50    -1.75/+5.25    -1.38/-38.69
Wednesday recap: Spds running tighter across the curve, spd curve inching
flatter late w/short end off narrows on late deal-tied hedging, rate receiver
unwinds, two-way in intermediates to long end sees light payer unwinds.

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