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.
GILTS
- 2-year gilt yields have this morning broken through notably support around 3.96% level - the lows seen last Thursday and in December 2023, to the lowest levels since May 2023.
- At the time of writing 2-year gilt yields are 7.8bp lower on the day at 3.911%.
- There is likely some resistance (i.e. support for yields) around 3.87% (drawn on the chart with the horizontal white line - but there is no obvious near-term resistance level for 2-year gilts.
- There is also a Fibo retracement at 3.94% from at 61.8% of the November level to the July 2023 highs (using the generics) that has been broken in these moves - which has provided decent support / resistance in recent times.
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