10-YR YIELD TECHS: 2.922 Resistance Key Today....>

US: 10-YR YIELD TECHS: 2.922 Resistance Key Today

*RES 4: 2.980 - 21-DMA 

*RES 3: 2.955 - Low May 24 now resistance 

*RES 2: 2.922 - Low May 25 now resistance 

*RES 1: 2.903 - 55-DMA

*PRICE: 2.860 @ 2130GMT

*SUP 1: 2.821 - Hourly support May 30 

*SUP 2: 2.790 - Hourly support May 30a 

*SUP 3: 2.759 - Low May 29 

*SUP 4: 2.717 - Monthly Low Apr 2

*COMMENTARY: The break of the 21-WMA (2.845) & the bull channel base (2.867) off

2017 lows has lacked follow through with the closes above the 100-DMA (2.842)

buying bulls breathing room. The 2.922 resistance is key. Bulls need a close

above this level to hint at a move back to 2018 highs with above 3.014 needed to

add further support. While 2.922 caps bears remain focused on Apr lows but need

a close below 2.821 to gain breathing room.