July 28, 2022 06:51 GMT
10Y Yield Stabilizes At Around 8.2% Level
HUNGARY
- Hungary 10Y yield has stabilized at around the 8.2% level after finding support at the psychological 8% level, which also corresponds to the 23.6% Fibo retracement and LT upward trending support line.
- ST resistance to watch on the topside stands at 8.55%, followed by key 9% level.
- On the downside, support to watch below 8% stands at 7.32% (38.2% Fibo retracement of the 4.44% -9.11% range).
Source: Bloomberg/MNI
76 words