October 10, 2024 07:26 GMT
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.
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