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Swap rates sit a touch higher across the...>

US SWAPS
US SWAPS: Swap rates sit a touch higher across the board, in sympathy with Tsys,
despite broader risk-off flows overnight. Lack of follow through below 2.60% in
U.S. 10-Year yields the likely driver. Latest spd levels:
- 2Y -0.38/12.19 - 5Y -0.10/7.43
- 10Y -0.04/2.00 - 30Y +0.13/-19.50
- Trades of note included:
- At 00:12GMT there appeared to be a USD57mln receiver of USD 10Y at 2.6238%
- At 01:12GMT there appeared to be a USD100mln receiver of USD 5Y at 2.48272%
- At 01:42GMT there appeared to be a USD100mln payer of USD 5Y at 2.48945%
- At 01:43GMT there appeared to be a USD51.7k DV01 7Y-30Y FLATTENER at 26.233bp
- At 01:45GMT there appeared to be a USD79mln payer of USD 4Y at 2.4897%
- At 01:55GMT there appeared to be a USD230mln receiver of USD 2Y at 2.58%
- At 02:18GMT there appeared to be a USD75mln receiver of USD 5Y at 2.48608%
- At 02:32GMT there appeared to be a USD135.6k DV0115Y-30Y FLATTENER at 5.530bp
- At 02:40GMT there appeared to be a USD51.8k DV0115Y-30Y FLATTENER at 5.75p
- At 02:46GMT there appeared to be a USD100mln payer of USD 2Y at 2.57625%
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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