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10-YEAR YIELD TECHS: Close Below 50-dma Opens....>

US
US: 10-YEAR YIELD TECHS: Close Below 50-dma Opens Further Downside
*RES 4: 2.7968/2.8156 Jan 18 high/38.2% 3.2594-2.5412
*RES 3: 2.7658 Mar 1 high
*RES 2: 2.7459/77 Dec 20-Dec 19 lows, now resistance
*RES 1: 2.7111/7280 Dec 28 low, now resistance/61.8% 2.7968-2.6168
*PRICE: 2.6447 @ 16:08 GMT, Mar 7
*SUP 1: 2.6369 50% 2.0144-3.2594
*SUP 2: 2.6267/16 Feb 27 low/Up trendline support off Jul 6 2016 low
*SUP 3: 2.6168 Jan 31 low
*SUP 4: 2.5412 Jan 4 YTD low
10-year yields closed below the 50-dma for the first time since late February
Wednesday, opening the door for further declines down to key Fib support at
2.6369 and the Jan31 low at 2.6168. A topside break of the 50-dma at 2.6964 is
needed to stabilise the outlook, before challenging the Dec 28 low & 61.8%
retracement level at 2.7111/7280.

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