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10Yr Future Testing Resistance; Yield Set For Lowest Close Since Mar 2

US TSYS

10-Yr Tsys briefly touching a 1.45% handle; last at 1.4604%, this would be the lowest close since Mar 2. As the chart below shows, it's been one-way traffic lower since the initial spike post-CPI.

  • Accordingly, for TYU1, our tech analyst identifies resistance being tested at 132-29. After that it's 133-00 and then 133-11.


Source: BBG

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