Free Trial
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.
US TSYS
10-Year Tsy Yields have moved towards the top of the near 35-Year bear channel, a break of the channel could be significant, although structural and demographic factors mean that most envisage lower bond yields vs. historical “norms” over the foreseeable future. Note that the upper bound of the channel resides at 2.5419% today, with 10s currently dealing around 2.41%. That ~13bp isn’t far away when we assess the recent daily ranges in yields, although sellers may be a little more wary as we approach the top of the channel, barring notable fundamental shifts.
- The 14-month RSI hasn’t crossed above the 70 overbought level in yield terms i.e. oversold in price terms, but isn’t far off, sitting just below 69.
Fig. 1: U.S. 10-Year Tsy Yields, Monthly (%
Source: MNI - Market News/Bloomberg
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok