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US 10YR FUTURE TECHS

Outlook Remains Bullish

US TSY FUTURES

BLOCK, Jun'23 10Y Buy

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(H3) Fades Off Highs

JGB TECHS
  • RES 3: 151.13 - High Mar 3
  • RES 2: 149.75/150.81 - High Nov 11 / High Aug 5
  • RES 1: 147.07/148.79 High Mar 02 / Nov 16
  • PRICE: 146.86 @ 16:33 GMT Mar 8
  • SUP 1: 146.33 - 2.0% Lower Bollinger Band
  • SUP 2: 145.14 - 1.0% 10-dma envelope
  • SUP 3: 144.15 - Low Jan 13

A late Friday rally was insufficient to shift the near-term outlook for JGBs, which faded off mid-week highs into the Thursday close. Prices remain in a broader holding pattern after the January volatility, with support tested at 146.11-15 helping prop up prices across February. Next upside level sits at 147.01 and the 2.0% Upper Bollinger Band at 147.07.

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  • RES 3: 151.13 - High Mar 3
  • RES 2: 149.75/150.81 - High Nov 11 / High Aug 5
  • RES 1: 147.07/148.79 High Mar 02 / Nov 16
  • PRICE: 146.86 @ 16:33 GMT Mar 8
  • SUP 1: 146.33 - 2.0% Lower Bollinger Band
  • SUP 2: 145.14 - 1.0% 10-dma envelope
  • SUP 3: 144.15 - Low Jan 13

A late Friday rally was insufficient to shift the near-term outlook for JGBs, which faded off mid-week highs into the Thursday close. Prices remain in a broader holding pattern after the January volatility, with support tested at 146.11-15 helping prop up prices across February. Next upside level sits at 147.01 and the 2.0% Upper Bollinger Band at 147.07.