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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.
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Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
10-YEAR YIELD TECHS: 21-DMA Cracks *RES 4:.......>
US: 10-YEAR YIELD TECHS: 21-DMA Cracks
*RES 4: 3.6132 High April 2011
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top from Dec 2016 high
*RES 1: 3.2594 High Oct 9
*PRICE: 3.1298 @ 16:28 GMT, Oct 23
*SUP 1: 3.1110 Oct23 low
*SUP 2: 3.0864 38.2% retracement from Aug lows to Oct highs
*SUP 3: 3.0139 Aug 1 high, now support
*SUP 4: 3.0094 50-dma
US 10- year yields came under significant downside pressure from the off
Tuesday, triggered by a break of up trendline support from the Sep lows as well
as the fall through the 21-dma at 3.1433%. A close below that mark would allow
bears to target the key Aug 1 high at 3.0139%, now acting as support. Bulls need
to initially hold and close above the 21-dma before looking to reclaim 3.20% to
keep the Oct 9 high at 3.2594% alive.
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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.