10-YEAR YIELD TECHS: 3.00 Key *RES 3: 3.3010.....>

US: 10-YEAR YIELD TECHS: 3.00 Key

*RES 3: 3.3010 Channel top from Dec 2016 high

*RES 2: 3.2594 Oct 9 High

*RES 1: 3.1223 50-dma

*PRICE: 3.0024 @ 16:14 GMT, Dec 3

*SUP 1: 3.0000 Up trendline support from Sep 2017 lows

*SUP 2: 2.9860

*SUP 3: 2.9568 200-dma

Yields closed below 3.00 for the first time since mid-September Friday, but the

return of risk sentiment with the suspension of further US trade tariffs on

China boosted yields from the off Monday. Those looking for yields to take

another leg lower will have taken confidence from the drop back toward the 3.0%

in the latter half of the session. A close below this mark could see yields take

another leg lower from here. The 50-dma to the upside becomes first resistance

at 3.1223, a break of which would re-establish the uptrend.