June 12, 2024 14:47 GMT
Futures Through Another Resistance Level
GILTS
Gilts look above the previously flagged Fibonacci retracement level (98.04), showing as high as 98.07.
- This adds further weight to the bullish technical argument.
- The May 21 high (98.25) provides the next level of interest through today’s highs.
- 2-Year yields print through their mid-May low, to register the lowest level seen since April 10.
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