10-YEAR YIELD TECHS: Key Fib Supports To Be......>

US: 10-YEAR YIELD TECHS: Key Fib Supports To Be Tested

*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: 3.1223 @ 16:42 GMT, Oct 24

*SUP 1: 3.1113 High Sep 25

*SUP 2: 3.0864 38.2% retracement from Aug lows to Oct highs

*SUP 3: 3.0243 Low Sep28

*SUP 4: 3.0139 Aug 1 high, now support

US 10-year yields are coming under downside pressure following the break of both

up trendline support from the Sep lows as well as the Tuesday low at 3.1110. A

close below here opens up broader moves down to the 50% retracement of August's

lows to October's highs at 3.0329%. Bulls need to initially close above the

21-dma before looking to reclaim 3.20% to keep the Oct 9 high at 3.2594% alive.