October 07, 2024 14:30 GMT
BONDS: Testing Yield levels
BONDS
- Bund is now making an attempt at the Yield level noted at 2.267%, the 76.4% retrace of the Aug/Sep fall, this equates to 133.37.
- Some order related flows are again going through, TY sold in 10k, FV over 10k, TU 8k and German Bobl in 5k.
- The UK 10yr Yield has cleared the trendline and the 4.20% level in Yield.
Looking further out in the UK 10yr Yield, reference 96.38:
- 4.25% = 95.94.
- 4.30% = 95.40.
- 4.33% = 95.08 (next area of interest).
77 words