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Swap spds mostly wider, receivers in 7s....>

US SWAPS
US SWAPS: Swap spds mostly wider, receivers in 7s and 20s earlier. Spd curve
inching steeper following decent two-way in short end last hour, >$500M payer in
2s (2.88%) after by scale steepeners in 2s10s and 2s 5s flattener, two-way in
9s. Latest spd levels:
* 2Y  -0.31/20.94
* 5Y  +0.19/12.94
* 10Y +0.38/6.62
* 30Y +0.69/-4.50
Monday recap: Spds hold mildly wider across the curve amid relatively light flow
on the session. Short-end little off earlier wides amid receivers in 2s
(2.88375%) and 3s (2.948%), 2s7ssteepener and 4s5s flatteners followed by
2s4s5sfly/receiving belly. 

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