May 29, 2024 07:40 GMT
German gap through 2.60%, US 10yr eye 4.60%
BONDS
- As expected for the German 10yr Yield, has gapped and breached the 2.60% level on the open as the June futures contract made a June contract low, overnight, albeit off its low right now.
Today reference 129.53:
- 2.650% = 129.31 (printed a 2.648% in 2024).
- 2.663% = 129.18 (24th Nov high).
- 2.700% = 128.80.
For US Tnotes, making new lows here, the 4.60% level:
- Equates to 108.06+ in Sep.
- Equates to 107.29 In Jun.
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