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Swap rates little changed early on, with...>

US SWAPS
US SWAPS: Swap rates little changed early on, with some larger clips passed
through, receivers seemingly driving flow thus far, allowing for some modest
tightening vs. Tsys.
- Latest spd levels:
- 2Y -0.02/14.63
- 5Y -0.15/8.25
- 10Y -0.22/3.00
- 30Y -0.25/-18.50
- Trades of note included:
- At 00:01GMT there appeared to be a USD100mln receiver of USD 5Y at 2.65176%
- At 00:02GMT there appeared to be a USD100mln receiver of USD 5Y at 2.6539%
- At 00:25GMT there appeared to be a USD140mln receiver of USD 10Y at 2.7675%
- At 00:26GMT there appeared to be a USD120mln+ receiver of USD 15Y at 2.8525%
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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