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Spreads vs. Tsys running a touch tighter...>

US SWAPS
US SWAPS: Spreads vs. Tsys running a touch tighter into European hours, with Tsy
yields a touch lower on the back of risk-off flows. Large reported flow was
light, with smaller curve plays noted.
- Latest spd levels:
- 2Y -0.63/7.88
- 5Y -0.47/3.98
- 10Y -0.38/2.13
- 30Y -0.38/-25.88
- Trades of note included:
- At 00:47GMT there appeared to be a USD120mln receiver of USD 3Y at 2.30523%
- At 00:55GMT there appeared to be a USD120mln receiver of USD 3Y at 2.30333%
- At 01:21GMT there appeared to be a USD160mln payer of USD 5Y at 2.275%
- At 02:32GMT there appeared to be a USD52mln receiver of USD 2Y at 2.3978%
- At 04:49GMT there appeared to be a USD100mln receiver of USD 5Y at 2.27852%
- At 04:49GMT there appeared to be a USD95mln payer of USD 5Y at 2.28145%
- At 05:31GMT there appeared to be a USD93mln payer of USD 3Y at 2.315%
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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