MNI: PBOC Sets Yuan Parity Lower At 7.1688 Mon; -0.41% Y/Y

MNI BRIEF: Canada PM Carney Derides Trump's 51st State Idea

MNI China Daily Summary: Friday, March 14

MNI BRIEF: China February M2 Stays At 7% Y/Y

RPT-MNI INTERVIEW2: Lag Justifies Faster CNB Easing - Holub

BAKER HUGHES CANADA RIG COUNT 199; OIL RIGS 139; GAS RIGS 60

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 487; GAS RIGS 100

EZ/UK T-Bill Calendar: DE, NL and FR Due Monday

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US 10YR FUTURE TECHS: (H5) Maintains A Softer Tone

US 10YR FUTURE TECHS
USFixed Income Technical AnalysisBulletMarketsFixed Income BulletsNorth America
  • RES 4: 110-25   High Dec 12
  • RES 3: 110-19   76.4% retracement of the Dec 6  - Jan 13 bear leg    
  • RES 2: 110-14   High Dec 14
  • RES 1: 109-08+/110-00 50-day EMA / High Feb 7 and the bull trigger 
  • PRICE:‌‌ 108-14+ @ 11:34 GMT Feb 13
  • SUP 1: 108-00   Low Jan 16   
  • SUP 2: 107-06   Low Jan 13 and the bear trigger 
  • SUP 3: 107-04   Low Apr 25 ‘24 and a key support 
  • SUP 4: 106-11   2.00 proj of the Oct 1 - 14 - 16 price swing  

Treasury futures remain soft. The contract traded sharply lower on Wednesday’s CPI print, resulting in a break of 108-20+, the Feb 4 low. The breach highlights a stronger reversal and most likely the end of the corrective cycle between Jan 13 - Feb 7. A continuation lower would open 108-00, the Jan 16 low, and expose 107-06, the Jan 13 low and bear trigger. Key resistance and the bull trigger has been defined at 110-00, Feb 7 high.

163 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • RES 4: 110-25   High Dec 12
  • RES 3: 110-19   76.4% retracement of the Dec 6  - Jan 13 bear leg    
  • RES 2: 110-14   High Dec 14
  • RES 1: 109-08+/110-00 50-day EMA / High Feb 7 and the bull trigger 
  • PRICE:‌‌ 108-14+ @ 11:34 GMT Feb 13
  • SUP 1: 108-00   Low Jan 16   
  • SUP 2: 107-06   Low Jan 13 and the bear trigger 
  • SUP 3: 107-04   Low Apr 25 ‘24 and a key support 
  • SUP 4: 106-11   2.00 proj of the Oct 1 - 14 - 16 price swing  

Treasury futures remain soft. The contract traded sharply lower on Wednesday’s CPI print, resulting in a break of 108-20+, the Feb 4 low. The breach highlights a stronger reversal and most likely the end of the corrective cycle between Jan 13 - Feb 7. A continuation lower would open 108-00, the Jan 16 low, and expose 107-06, the Jan 13 low and bear trigger. Key resistance and the bull trigger has been defined at 110-00, Feb 7 high.