Free Trial
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.
CZECHIA
- This week, Czech 10Y bond yield broke above an important resistance at 2.20% and currently trades at its highest level since January 2014.
- The 2.20% resistance, which represents the 38.2% retracement of the 0.20% - 5.42% range (high/low of the past cycle), got rejected a few times in 2018 when LT interest rates were retracing higher globally before edging lower amid rising uncertainty and slowing growth.
- As inflation continues to surprise positively in the CEE region, volatility in the LT end of the bond market has been surging in recent weeks.
- Next level to watch on the topside stands at 2.56%, followed by 2.80% (50% retracement).
Source: Bloomberg/MNI
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok