DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Swaps: 

By William Sokolis
     CHICAGO (MNI) - U.S. dollar swap spreads
Ahead midday, the 2-year spread was 1.38 basis points (bps) wider at 25.88, the
5-year 0.88 bps wider at +4.12, the 10-year 0.88 bps wider at -14.88, the
30-year 0.38 bps wider at -54.62, levels via Bloomberg.
US DOLLAR LIBOR: Latest settles, 
* O/N -0.0013 to 1.9337% (+0.0057/wk)
* 1 Month -0.0083 to 2.0935% (-0.0042/wk)
* 3 Month -0.0013 to 2.3343% (-0.0045/wk)
* 6 Month -0.0019 to 2.5006% (-0.0069/wk)
* 1 Year -0.0081 to 2.7628% (-0.0140/wk)
Time (ET)   2Y Swap/Mid    5Y Swap/Mid    10Y Swap/Mid    30Y Swap/Mid
3:00        +0.07/25.64    +0.50/15.38    +0.00/+7.31     +0.63/-5.93
1:00        +0.05/25.62    +0.12/15.00    -0.31/+7.00     +0.25/-6.31
11:00       +0.06/25.19    +0.06/14.94    -0.31/+7.00     +0.62/-5.94
Wed Open    +0.31/25.44    +0.00/14.88    -0.25/+7.06     +0.06/-6.50
Wed 7:00    +0.44/25.56    +0.19/15.06    +0.00/+7.31     +0.00/-6.56
Tue 3:00    -0.31/25.88    +0.00/14.62    -0.12/+6.62     +0.06/-7.12
Tue Open    -0.44/25.75    -0.12/14.50    -0.25/+6.50     -0.31/-7.50
Mon 3:00    -0.38/26.31    -0.06/14.69    +0.00/+6.75     -0.25/-7.31
Mon Open    -0.88/25.75    -0.50/14.25    -0.31/+6.44     -0.69/-7.75
Fri 3:00    -0.38/26.44    +0.00/14.62    +0.00/+6.50     -0.19/-7.62
Fri Open    -0.12/26.69    -0.12/14.50    -0.31/+6.19     -0.19/-7.62
Thu 3:00    +1.25/26.94    +0.62/14.62    +0.31/+6.44     -0.50/-7.50
Thu Open    +0.62/26.31    +0.50/14.50    +0.38/+6.50     +0.00/-7.00
Wed 3:00    +0.44/25.81    -0.31/14.12    -0.81/+6.00     -0.81/-6.88
Wed Open    +0.06/25.44    -0.12/14.25    -0.31/+6.50     -0.19/-6.25
Spds currently mildly wider in short end to steady out the curve, short end
wider (quoted over new issue), 
Latest spd levels:
* 2Y  -0.31/25.88
* 5Y  +0.00/14.62
* 10Y -0.12/6.62
* 30Y +0.06/-7.12
Tuesday recap: Spds turn steady/mixed in late trade, unwinding earlier narrowing
on decent two-way flow: rate paying in 2s (2.7925%), 3s (2.8602%), 5s (2.894%)
and 6s (2.8975%); receivers in 4s (2.8775%) and 10s (2.93894%); spd curve
steepeners in  2s3s, 3s10s and 5s10s, flatteners in 2s4s. Earlier flow includes
2-way 3s4s curve action, 2s3s steepener and decent rate receiving in 1s and 5s. 
--MNI Chicago Bureau; +1 630-698-0154; email: ryan.martin@marketnews.com
[TOPICS: M$U$$$,M$$FI$]
USRegionNorth America
USRegionNorth America
To read the full story
Close
Why MNI
MNI is the leading provider
 of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.