Free Trial

Turnaround Tuesday


(U2) More Stable But Still Fragile Longer Term


(U2) Recovers Off Lows, Remains Neutral

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(M1)‌‌ Bearish Focus

  • RES 4: 134-06+ High Feb 25
  • RES 3: 133-23 High Mar 2
  • RES 2: 133-16+ High May 7 and key short-term resistance
  • RES 1: 132-30+ High May 10
  • PRICE: 132-01+ @ 20:19 BST May 19
  • SUP 1: 131-27 Low May 13
  • SUP 2: 131-18+/12 Low Apr 29 and key support / Low Apr 13
  • SUP 3: 131-03+ Low Apr 6
  • SUP 4: 130-25+ Low Apr 5 and the bear trigger

US 10y futures are trading lower. The contract found support last week at 131-27, May 13 low. Attention remains on this support, it marks a key S/T level that if breached would expose 131-18+, Apr 29 low. The broader trend is bearish and a breach of 131-18+ would signal a resumption of the bear trend, paving the way for a test of the key support at 130-25+, Apr 5 low. On the upside, key resistance remains 133-16+, May 7 high.

MNI London Bureau | +44 203-586-3805 |
MNI London Bureau | +44 203-586-3805 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.