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Surge wider in swap spds, wings seeing.....>

US SWAPS
US SWAPS: Surge wider in swap spds, wings seeing highest vol on heels of latest
Reuters headline on NY Fed: "WILL OFFER $1 TRILLION IN DAILY REPO OPERATIONS FOR
REST OF THE MONTH". Spd curve broadly flatter from week ago levels. Latest spd
levels
Time(ET)   2Y Swap/Mid    5Y Swap/Mid   10Y Swap/Mid   30Y Swap/Mid
1315      +5.25/+20.94    +4.75/+8.25   +1.50/-12.00   +5.75/-69.00
1200      +3.69/+17.31    +3.75/+6.50   +1.00/-13.00   +5.50/-70.50
1015      +0.75/+15.88    +2.25/+5.75   +0.75/-12.75   +2.25/-72.25
Fri Open  +1.31/+16.50    +3.75/+6.56   +1.88/-11.62   +5.00/-68.62
Fri 0715  +1.31/+17.00    +3.75/+7.75   +1.88/-11.50   +5.00/-69.75

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