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Spds wider/on wides by the bell,...........>

US SWAPS
US SWAPS: Spds wider/on wides by the bell, parallel shift across the curve by
the bell. Move partially tied to deal-tied paying in shorts to intermediates,
receiver unwinds ahead Fri's Feb employ/hourly earnings data. Earlier, sources
reported decent real$ receiving 5s earlier, decent paying (appr $330k) 5y at
2.7775-2.7705%. Latest spread levels:
* 2Y  +0.94/29.19
* 5Y  +0.94/12.81
* 10Y +0.88/2.75
* 30Y +0.94/-16.06

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