October 07, 2024 07:42 GMT
BONDS: Futures are pushing lower
BONDS
- The German 10yr Yield is testing through that 2.239% Yield level, next would see 2.267%, the very short term retrace of the Sep/Oct fall.
Today, reference 133.65:
- 2.267% = 133.37.
In futures term, 133.49 76.4% retracement of the Sep 2 - Oct 1 rally, so the Yield level will be lower today.
The US 10yr Yield Level is at 4.0204%, this would equate to 112.15.
(Chart source: MNI/Bloomberg).
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