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10Y Closes The Week Firmer, Eyes 50% Fibonacci Support

POLAND
  • Local rates open mixed to slightly firmer, mostly in line with the rest of EM FI this morning.
  • Friday's session closed a fraction firmer across the curve with 10Y yields failing to move above 1.80 resistance.
  • Local 10Y is now approaching the 38.2% Fib of the 20 July -11 August range, with next levels to watch on the downside at 1.7259 (50%) & 1.698 (61.8%).


MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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