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10-YR YIELD TECHS: Bears Initially Targeting.....>

US: 10-YR YIELD TECHS: Bears Initially Targeting 2.717-759
*RES 4: 2.935 - Hourly resistance June 21 
*RES 3: 2.900 - High June 26 
*RES 2: 2.873 - Hourly resistance June 27 
*RES 1: 2.853 - High June 28
*PRICE: 2.844 @ 0330GMT
*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: Topside failures around 2.950 saw pressure return to the 2.853
support resulting in a close below Wednesday that now sees focus back on
2.717-759 where Apr & May lows are noted. The Bollinger base (2.830) is the key
concern for bears and currently supports. Bulls continue to look for a close
above 2.873 to gain breathing room and above 2.950 to pressure the key 3.014-050
resistance region.

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