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Swap rates have edged lower, with the......>

US SWAPS
US SWAPS: Swap rates have edged lower, with the curve sitting a touch flatter
last. Large reported U.S. swap flow was fairly limited overnight, although there
was seemingly interest in paying the belly of the 2Y-5Y-10Y Fly:
- Latest spd levels:
* 2Y +0.14/19.25
* 5Y +0.25/13.88
* 10Y +0.19/6.38
* 30Y -0.07/-9.25
- Trades of note included:
- At 02:53GMT there appeared to be a USD23.8k 2Y-5Y-10Y Fly, paying the belly
- At 02:53GMT there appeared to be a USD23.8k 2Y-5Y-10Y Fly, paying the belly
- At 02:54GMT there appeared to be a USD46k 2Y-5Y-10Y Fly, paying the belly
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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