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New session high in 10yr Yield

GILTS
  • HEADS UP! Gilt is at another session, and 10yr yield is now at highest level since 15th November 2018
QUICK Yield levels (Reference 120.64).
  • 1.50% = 120.20
  • 1.52% = 120.02
  • 1.55% = 119.76
  • 1.60% = 119.31

In terms of pure tech, next support is at 120.43 1.764 proj of the Jan 13 - 19 - 24 price swing.

This is followed by 120.00, but best to keep an eye on Yield.

Chart source: Bloomberg

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