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2010.09.2317:15:00UTC+00Swaps End Wider By .5 To .25 Bps In Moderate Trade

News:

  • Better paying was seen early on as treasuries soared higher
  • A decent 30-year receiver was noted later in the morning
  • Spreads opened wider; the 2-year swap saw the biggest shift wider as the sharp widening in Euro periphery debt spread blow-out reinforced jitters
  • Ireland's CDS widened to a record +500 bps
  • Three month Libor opened unchanged at .28938 pct

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