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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
10-YEAR YIELD TECHS: Oct Highs in Focus *RES.....>
US: 10-YEAR YIELD TECHS: Oct Highs in Focus
*RES 4: 3.4508 Apr 18 2011 high
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top from Dec 2016 high
*RES 1: 3.2594 Oct 9 High
*PRICE: 3.2207 @ 10:41 GMT, Nov 8
*SUP 1: 3.0482 Low Oct 3
*SUP 2: 3.0139 Aug 1 high, now support
*SUP 3: 2.9346 200-dma
*SUP 4: 2.8098 Low Aug 24
Yesterday's close above 3.20 keeps 10-year yields on track to challenge the Oct
9 & ytd highs at 3.2594. A close above here opens channel top resistance at
3.30, ahead of a return to 2011 levels. Bears need to break back below the
21-dma at 3.1642 to open up trend line resistance off the Aug 24 low at 3.0972,
before challenging the Oct lows.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.