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10-YR YIELD TECHS: 2.842 Support Key Today.......>

US
US: 10-YR YIELD TECHS: 2.842 Support Key Today
*RES 4: 2.957 - 2018 High Feb 21 
*RES 3: 2.937 - Bollinger band top 
*RES 2: 2.925 - High Feb 27 
*RES 1: 2.892 - Hourly resistance Mar 12
*PRICE: 2.870 @ 2030GMT
*SUP 1: 2.842 - Low Mar 7 
*SUP 2: 2.815 - Bollinger band base 
*SUP 3: 2.810 - Low Mar 5 
*SUP 4: 2.793 - Low Mar 2
*COMMENTARY: The lack of topside follow through on 2018 & 4yr highs was less
than ideal for bulls who were focused on 3.041 2014. Last week bears failed to
capitalise on the recent sell-off with the yield bouncing from ahead of key
supports. Bears now need a close below 2.842 to gain breathing room and below
2.758 to end bullish hopes and shift focus back to 2.609-704 where the 55-DMA is
noted. Above 2.957 remains needed to reconfirm focus on 3.041.

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