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Making another attempts at the 2024 highs in Yields

CROSS ASSET
  • Core and semi core Bond futures are back at making another attempt at the 2024 highs in Yields, after seeing some short cover on the earlier small bounce an hour ago in futures, downsides resume.
Key levels are still unchanged:
  • TYH4 supports are at 110.22+, but focus in Yield terms is on the 4.20% mark, today equates to 110.16+.
  • Bund January 10yr high in Yield is at 2.372%, today equates to 133.44.

Gilt:

  • 4.040% = 97.93 (Feb high Yield).
  • 4.065% = 97.70 (Jan and 2024 high).

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