10-YEAR YIELD TECHS: Still Looking For 2.80......>

US: 10-YEAR YIELD TECHS: Still Looking For 2.80

*RES 4: 3.0027/0038 50% 3.2594-2.7459/100-dma

*RES 3: 2.9535 200-dma

*RES 2: 2.8985 Hourly resistance Dec 14

*RES 1: 2.8613/8969 38.2%/50% of Dec range 3.0479-2.7459

*PRICE: 2.7413 @ 15:19 GMT, Dec28

*SUP 1: 2.7310 Dec 27 low

*SUP 2: 2.7153 April 2 low

*SUP 3: 2.6459 Feb 6 low

*SUP 4: 2.6369 50% 2.0144-3.2594

For the first time since Dec18, yields failed to cross 2.80, with yields holding

well below for the entirety of the session. A fall through the Thursday low

would open the Feb 6 low & 50% retracement level at 2.6459/2.6369. Bulls need to

recover the 50% retracement level of Dec range to improve the short-term

outlook. A break of the 200-dma would reignite the uptrend opening a run at the

3.0 level and 100-dma at 3.0038.