10-YEAR YIELD TECHS: Holds Above Trendline.......>

US: 10-YEAR YIELD TECHS: Holds Above Trendline Support

*RES 3: 2.7968/2.8156 Jan 18 high/38.2% of 3.2594-2.5412

*RES 2: 2.7149/2.7378 50-dma/Feb 5 high

*RES 1: 2.6860 Down trendline res off Jan 23 high

*PRICE: 2.6447 @ 16:01 GMT, Feb 26

*SUP 1: 2.6168 Jan 31 low

*SUP 2: 2.5412 Jan 4 YTD low

*SUP 3: 2.5206 Jan 16 2018 low

While 10-year yields remained on the backfoot for much of the European morning,

bears were unable to press through trendline support drawn from the Jan31 lows

and corrected back toward the middle of the week's range. A break below here

would suggest a run at the Jan 4 ytd low at 2.5412 is on the cards. To reignite

upside momentum the 10-Yr needs to clear the Feb 21 high at 2.6950 to post a

higher high and open the Feb 13 high & 50-dma at 2.7129/45. Above here would

bring the Jan 18 high at 2.7968 back into play.