January 25, 2023 09:40 GMT
Gilt test the January high, Bund and Tnotes test intraday highs
BONDS
- Gilt is still leading and testing that January high at 105.71, and also the 3.20% in yield, which equates to 105.75.
- A clear break above the latter, opens to 3.15% = 106.22.
- Bund test that initial 138.97/139.06 initial resistance on the follow.
- Further upside momentum would see 139.55 next.
- TYH3 is getting dragged higher by Europe.
- Resistance for the 10yr future, moves down to 115.15+.
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