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10-YEAR YIELD TECHS: Eyes January Highs *RES.....>

US
US: 10-YEAR YIELD TECHS: Eyes January Highs
*RES 3: 2.8985 Hourly resistance Dec 14
*RES 2: 2.7946 50% of 3.0479-2.5412
*RES 1: 2.7458 Jan 9 high
*PRICE: 2.7360 @ 16:13 GMT, Jan 17
*SUP 1: 2.6435 50% 2.5412-2.7458
*SUP 2: 2.5412 Jan 4 low
*SUP 3: 2.5206 Jan 16 2018 low
The US 10-yr topped out at 2.7415 Wednesday, with the 10y briefly showing below
2.70 before rebounding. The recovery, however, is yet to edge back above last
week's highs of 2.7457, which becomes the near-term target and first resistance.
The Jan 14 low & 50% retracement level remain the downside target for bears at
2.6579/2.6435, ahead of a potential return to the Jan 4 low at 2.5412.
Longer-term, bulls continue to focus on the 2.80 level and 2.7946, the 50% of
3.0479-2.5412.

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