ent on l0y USD Swap Rates [C] Classification: Confidential Jeffrey — we wanted to highlight this transaction. I particularly like the a ly 105%/95% SPX Put Spread contingent on 10y constant maturity swap > 3% at expiry explained below. Transaction rationale: • Many investors have benefited of the secular bu

ent on 10y USD Swap Rates [C] Classification: Confidential Jeffrey — we wanted to highlight this transaction. I particularly like the a ly 105%/95% SPX Put Spread contingent on 10y constant maturity swap > 3% at expiry explained below. Transaction rationale: • Many investors have benefited of the secular bu