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10Y Yield Still Trading Above 5.5%

CZECHIA
  • Czech 10Y yield consolidated slightly lower yesterday but momentum remains strongly bullish amid amid elevated inflationary pressures.
  • The 10Y yield broke above the 5.5% last week; next key resistance to watch on the topside stands at 6%.
  • On the downside, ST support to watch stands at 5%, followed by 4.6660% (50DMA).

source: Bloomberg

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