Free Trial

10Y Yield Consolidates Below 8% Level

HUNGARY
  • Hungary 10Y yield has followed the consolidation in LT bond yields globally and plunged below the 8% level on Friday after reaching a local high of 8.60% in the beginning of last week.
  • Next key support to watch on the downside stands at 7.36%, which corresponds to the 50DMA.
  • On the topside, resistance to watch above 8.60% stands at 9%.

Source: Bloomberg/MNI

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.