November 28, 2024 08:28 GMT
BONDS: French 10yr Yield breaks the November low
BONDS
- French OAT futures has breach the November high, and in turn the 10yr Yield Through the November low, taking some positive from the earlier French Finance Minister Armand's comment.
- In futures term, the next upside resistance is eyed at 126.27.
- In Yield terms, looking at the 61.8% retrace of the Oct/Nov range at 2.967%.
Today, reference 125.93:
- 2.967% = 126.11.
- 2.950% = 126.27 (that Futures level).
- 2.900% = 126.75.
(Chart source: MNI/Bloomberg):
65 words