Free Trial

Fresh Cycle Lows For 10-Year Yields

BTP

10-Year BTP yields register another fresh YtD low, below 3.50%, as the EGB rally extends further in thinner trading conditions during the Christmas-New Year gap. Lows of 3.481% have been seen in recent dealing.

  • There isn’t much in the way of meaningful technical levels to note until the cluster of August ’22 session lows layered in below 3.00%, although those levels are over 50bp away from prevailing yields. Various Fibonacci extensions are seen between current levels and those markers.
  • The 50-DMA has crossed below the 100-DMA in recent weeks, but still hasn’t managed to test/breach the 200-DMA marker.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.