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Swap spreads are trading steady to wider...>

US SWAPS
US SWAPS: Swap spreads are trading steady to wider at the bell. Decent flow seen
with a 2Y-10Y flattener in USD60.7k DV01 and a payer of a $210mln 2Y swap seen
overnight in Europe. While there appeared to be a payer in the belly of a
9Y-10Y-12Y swap fly for $231.2k DV01 and a number of paying and receiving in
10-yr and 2-yr during NY session. Latest spread levels: 
* 2Y +0.28/26.15
* 5Y unch/8.06 
* 10Y +0.38/-3.81 
* 30Y +0.13/-32.31

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