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10-YR YIELD TECHS: Above 2.477 Targets 2017......>

US
US: 10-YR YIELD TECHS: Above 2.477 Targets 2017 High
*RES 4: 2.477 - Monthly High Oct 27 
*RES 3: 2.437 - High Nov 30 
*RES 2: 2.426 - High Dec 13 
*RES 1: 2.413 - Bollinger band top
*PRICE: 2.400 @ 0300GMT
*SUP 1: 2.380 - High Dec 15 now support 
*SUP 2: 2.357 - Daily Bull channel base 
*SUP 3: 2.344 - Low Dec 14 
*SUP 4: 2.301 - 200-DMA
*COMMENTARY: Pressure on the channel base has failed to produce a break lower
with focus back on 2.426-437. Bulls continue to look for a close above 2.437 to
pressure 2.477 and above this level to target 2017 highs. Support layers
building is less than ideal for bears with a close below 2.380 needed to retain
pressure on 2.344-357. Below 2.344 is needed to confirm a break of the channel
base and shift initial focus to 2.273-301 where 100 & 200-DMAs are noted.

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