September 17, 2024 10:09 GMT
BONDS: Italian and French 10yr Yields
BONDS
Since the Italian 10yr Yield has breached the noted next initial support at the December low of 3.463%, now printing a 3.444% low, lowest since August 2022.
Today, reference 121.49:
3.400% = 121.92.
3.350% = 122.37.
3.315% = 122.68 (38.2% retrace Aug21/Oct23).
French 10yr Yield has found support bang on the 2.80% level, printed a 2.801% low, lowest print since the beginning of April.
Today, reference 127.93:
2.773% = 128.41 (61.8% retrace of Dec/July).
2.750% = 128.64.
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