Free Trial

BUNDS: German 10yr Yield gapped higher on the Open

BUNDS
  • No surprises in seeing the German 10yr Yield gapping above that retracement level this morning, after futures extended losses towards the figure, so far only managed a 133.13 low, with the next immediate support at 132.99.
  • For the 10yr Yield, investors will look at the next two Psychological levels of 2.30% and 2.35%, with a break through the latter, putting the Yield at its highest level since the End of July (30th).

Today, reference 133.20:

  • 2.30% = 132.93.
  • 2.35% = 132.42.
77 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • No surprises in seeing the German 10yr Yield gapping above that retracement level this morning, after futures extended losses towards the figure, so far only managed a 133.13 low, with the next immediate support at 132.99.
  • For the 10yr Yield, investors will look at the next two Psychological levels of 2.30% and 2.35%, with a break through the latter, putting the Yield at its highest level since the End of July (30th).

Today, reference 133.20:

  • 2.30% = 132.93.
  • 2.35% = 132.42.