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Swap rates sit a touch higher as we........>

US SWAPS
US SWAPS: Swap rates sit a touch higher as we approach European hours, after a
news-light Asia-Pac session. A payer of the belly of the 10Y-20Y-30Y fly was
noted overnight. Latest spd levels:
- 2Y -0.07/11.86 - 5Y -0.13/7.38
- 10Y -0.03/1.88 - 30Y unch./-19.75
Trades of note included:
- At 00:48GMT there appeared to be a USD150mln payer of USD 5Y at 2.4992%
- At 00:53GMT there appeared to be a USD100mln receiver of USD 7Y at 2.5457%
- At 01:41GMT there appeared to be a USD100mln receiver of USD 5Y at 2.50911%
- At 02:34GMT there appeared to be a USD110mln payer of USD 10Y at 2.6581%
- At 02:46GMT there appeared to be a USD72mln receiver of USD 2Y at 2.58836%
- At 02:59GMT there appeared to be a USD100mln receiver of USD 5Y at 2.50875%
- At 04:22GMT there appeared to be a USD100mln receiver of USD 10Y at 2.65802%
- At 05:01GMT there appeared to be a USD77k 10Y-20Y-30Y Fly, paying the belly
- At 05:39GMT there appeared to be a USD77k 10Y-20Y-30Y Fly, paying the belly
- At 06:20GMT there appeared to be a USD50.6k DV01 25Y-30Y FLATTENER at 0bp
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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