Basic Swaps

Asia-Pacific STNs: Callable zero; Kanga tap; JPY Uridashis

Listing of structured bonds and vanilla bonds issued in the Asia Pacific markets over the past week.

USD Swaps: Steeper and tighter; SOFR; Formosas

The curve is steeper and spreads are in as risk assets gain ahead of the Treasury refunding announcement. Banks look at SOFR. More Formosas print.