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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.
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Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Approaching YTD highs *RES.....>
US 10YR FUTURE TECHS: Approaching YTD highs
*RES 4: 127-26+/28+ 61.8% 134-07+-117-13+/Sep 8 2017 high
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-31 Mar 27 high
*RES 1: 124-27 May 15/Intraday high
*PRICE: 124-23 @ 09:32 GMT, May 16
*SUP 1: 122-30/22+ May 3 low/100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-31+/04+ 200-dma/Dec 12-13 lows
The rally in US Tsy futures remains intact with the 10y approaching resistance
from the Mar 27 ytd high at 124-31. A successful close above would cement the
uptrend with bulls targeting a break of the Oct 13 2017 high & 50% retracement
level of the Jun 2016 high - Oct 2018 low at 125-25+/26+. Above here opens the
Sep 25 2017 high at 126-04+. Bears need to clear Friday's low at 123-26+, while
a break here would suggest a move towards the 50-dma at 123-17, ahead of the May
3 low & 100-dma at 122-30/22+.
To read the full story
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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.