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Swap rate spreads ran wider in the main,...>

US SWAPS
US SWAPS: Swap rate spreads ran wider in the main, as the belly of the swap
curve led the way higher overnight.
- Latest spd levels:
* 2Y -0.01/21.38
* 5Y +0.27/15.69
* 10Y +0.30/7.03
* 30Y +0.18/-10.75
- Trades of note included:
- At 00:56GMT there appeared to be a USD240mln+ receiver of USD 3Y at 3.105%
- At 01:46GMT there appeared to be a USD92+k 3Y-4Y-5Y Fly, paying the belly
- At 02:37GMT there appeared to be a USD250mln receiver of USD 2Y at 3.06875%
- At 02:47GMT there appeared to be a USD50mln receiver of USD 5Y at 3.12625%
- At 02:47GMT there appeared to be a USD210mln receiver of USD 3Y at 3.10875%
- At 02:49GMT there appeared to be a USD90mln payer of USD 3Y at 3.1088%
- At 02:52GMT there appeared to be a USD90mln payer of USD 3Y at 3.10875%
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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