Free Trial

Resistance in Tnotes holds

CROSS ASSET
  • US TYM4 is tested Yesterday's spike up to 111.15, so far printed a 111.15 high.
  • Further upside momentum will open to 111.24+, the printed high on the 13th February (US CPI day).
  • US 10yr Yield found some support Yesterday just ahead of the 4.10% mark, printed a 4.1098% low, and today a 4.1156% low.
  • USDJPY is still taking its cue from the US Yield and made an attempt at the initial support of 149.21 (29th Feb low), but so far failed at 149.29 as TYM4 finds resistance at that 111.15 level.
88 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.
  • US TYM4 is tested Yesterday's spike up to 111.15, so far printed a 111.15 high.
  • Further upside momentum will open to 111.24+, the printed high on the 13th February (US CPI day).
  • US 10yr Yield found some support Yesterday just ahead of the 4.10% mark, printed a 4.1098% low, and today a 4.1156% low.
  • USDJPY is still taking its cue from the US Yield and made an attempt at the initial support of 149.21 (29th Feb low), but so far failed at 149.29 as TYM4 finds resistance at that 111.15 level.