Trial now
EQUITIES

Mixed Finish To The Week

KOREA RATES

Auction Results

(H0) Pressured into the........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Pressured into the Close
*RES 4: 130-17+ High Nov 1
*RES 3: 130-06 High Jan 8 and a key resistance
*RES 2: 129-25+ 76.4% retracement of the Jan 8 - Jan 9 decline
*RES 1: 129-18 61.8% retracement of the Jan 8 - Jan 9 decline
*PRICE: 129-03+ @ 16:33 GMT, Jan 16
*SUP 1: 129-02+ Low Jan 16
*SUP 2: 128-25 Low Jan 14
*SUP 3: 128-17+ Low Jan 97
*SUP 4: 128-05 Low Dec 30 and Low Jan 2
10yr futures gave up early strength to return lower into the close Thursday,
with the Wednesday low giving way with little protest. This puts an end to the
past 5-day recovery and any hopes of a near-term stronger bull run. This keeps
the focus on the sharp sell-off from Jan 8, which still hangs over sentiment.
128-25 becomes the next support. To the upside, a break of 129-18 would signal a
stronger bullish outlook and open 130-06, Jan 8 high and key resistance.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com