Free Trial

10-YR YIELD TECHS: 2.284 Support Key *RES 4:.....>

US: 10-YR YIELD TECHS: 2.284 Support Key
*RES 4: 2.437 - High Mar 23 
*RES 3: 2.423 - Monthly High Aug May 11 
*RES 2: 2.398 - Monthly High July 7 
*RES 1: 2.371 - High Oct 2
*PRICE: 2.352 @ 0145GMT
*SUP 1: 2.344 - Hourly support Oct 5 
*SUP 2: 2.319 - Low Oct 5 
*SUP 3: 2.296 - Low Sept 29 
*SUP 4: 2.284 - Hourly support Sept 27a
*COMMENTARY: Dips have continued to attract bids with the 2.284 support
remaining key this week. Bears need a close below 2.284 to confirm an easing of
bullish pressure & shift focus back to 2.208-2.245 where key DMAs are located.
Bulls continue to look for a close above 2.371 to confirm initial focus on
2.398-2.437 & above 2.437 to return focus to 2017 highs. Bears need a close
below 2.319 to gain breathing room.

To read the full story



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.