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Swap curve running flatter, akin to........>

US SWAPS
US SWAPS: Swap curve running flatter, akin to Tsys, although spds vs. Tsys are
mixed. Little in the way of notable outright flow. Latest spd levels:
* 2Y +0.56/13.75
* 5Y -2.00/4.25
* 10Y unch./1.50
* 30Y -0.25/-15.75
Trades of note included:
- At 01:54GMT there appeared to be a USD170mln payer of USD 2Y at 2.74625%
- At 01:55GMT there appeared to be a USD70mln payer of USD 5Y at 2.7025%
- At 02:18GMT there appeared to be a USD100mln receiver of USD 2Y at 2.745%
- At 02:30GMT there appeared to be a USD200mln receiver of USD 1Y at 2.7825%
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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