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U.S. swap flow has slowed, but payers......>

US SWAPS
US SWAPS: U.S. swap flow has slowed, but payers still dominate, seemingly
wanting to fade the latest downtick in swap rates, with the belly leading the
move at the margin.
- Latest spd levels:
- 2Y unch./13.75
- 5Y +0.13/8.00
- 10Y -0.01/2.99
- 30Y +0.13/-17.00
- Trades of note over the last 2 hours included:
- At 02:44GMT there appeared to be a USD170mln payer of USD 3Y at 2.69%
- At 02:45GMT there appeared to be a USD240mln+ payer of USD 4Y at 2.665%
- At 02:46GMT there appeared to be a USD100mln payer of USD 5Y at 2.6675%
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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