Free Trial

10-YR YIELD TECHS: 2.883-2.957 Resistance........>

US
US: 10-YR YIELD TECHS: 2.883-2.957 Resistance Region Key
*RES 4: 2.925 - High Feb 27 
*RES 3: 2.892 - Hourly resistance Mar 12 
*RES 2: 2.883 - High Mar 13 
*RES 1: 2.869 - 21-DMA
*PRICE: 2.854 @ 0320GMT
*SUP 1: 2.835 - High Mar 15 now support 
*SUP 2: 2.793 - Low Mar 2 
*SUP 3: 2.786 - Low Feb 9 
*SUP 4: 2.758 - Low Feb 7
*COMMENTARY: The 2.758-793 support remains key and reconfirmed significance with
the correction from 2.914 finding support ahead of this region. Bears need a
close below 2.758 to end bullish hopes and shift initial focus back to 2.696
although the 55-DMA (2.737) may slow the move. Bulls continue to look for a
close above 2.883 to gain breathing room with a close above 2.957 2018 highs to
shift focus back to tests of 3.041 2014 highs.

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.