Free Trial

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

US
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: 2.402 - High Oct 6 
*RES 1: 2.372 - Hourly resistance Oct 6
*PRICE: 2.363 @ 0140GMT
*SUP 1: 2.350 - Hourly resistance Oct 10 now support 
*SUP 2: 2.330 - Hourly support Oct 10 
*SUP 3: 2.319 - Low Oct 5 & 10, 200-DMA 
*SUP 4: 2.296 - Low Sept 29
*COMMENTARY: Dips attracted bids last week resulting in fresh 7mth highs
although the lack of topside follow through and rejection ahead of 2.437 was
less than ideal. Bulls now look for a close above 2.372 to gain breathing room
and above 2.437 to return overall focus to 2017 highs. Bears now need a close
below 2.319 to ease bullish pressure and below 2.284 to shift focus to
2.208-2.245 where 55 & 100-DMAs are located.

To read the full story

Close

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.