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Swaps rates sit marginally higher on the...>

US SWAPS
US SWAPS: Swaps rates sit marginally higher on the day, with the space
marginally wider vs. Tsys. Decent start in terms of large lodged trades given
the regional Asia-Pacific holidays. Latest spd levels:
- 2Y +0.69/15.38
- 5Y +0.60/9.30
- 10Y +0.20/3.00
- 30Y unch./-18.75
- Trades of note included:
- At 00:04GMT there appeared to be a 8Y-9Y-10Y Fly, receiving the belly, hard to
be sure of size
- At 00:06GMT there appeared to be a USD51.2k DV01 3Y-5Y FLATTENER at 1.925bp
- At 00:32GMT there appeared to be a USD63.6k DV01 7Y-30Y STEEPENER at 20.17bp
- At 00:37GMT there appeared to be a USD240mln+ payer of USD 4Y at 2.595%
- At 00:37GMT there appeared to be a USD170mln receiver of USD 3Y at 2.6175%
- At 00:38GMT there appeared to be a USD100mln receiver of USD 5Y at 2.5975%
- At 00:48GMT there appeared to be a USD69mln receiver of USD 3Y at 2.6155%
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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