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Bund yield, made a low of -0.566% yesterday...>

BUNDS
BUNDS: Bund yield, made a low of -0.566% yesterday afternoon, and we are off the
lows.
But given another round of better buying on the Bund open, worth starting to
look at yield levels.
(Ref: 177.09)
-0.55% = 177.20 (177.17 high on open)
-0.60% = 177.98
-0.65% = 178.77
- Also the -0.60% yield level of 177.98 is very close to the 178.02 1.00
projection of the Jan 14 - Jan 31 rally from Feb 6 low based on the futures
contract that we also noted in our Bund techs bullet earlier (4:47GMT).
- Our technical analyst also sees some resistance at 177.43, the 2.236
projection of the Jan 2 - Jan 8 rally from Jan 14 low

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