Free Trial

TECHS: Enters Uncharted Territory

BTPS

BTPS remains bullish and futures have today recorded an all-time high print of 149.00 with a yield low print of 0.756%. Markets attention is on the 149.00-149.05 level that equates to the all-time record low yield of 0.751%.

  • This is above the 148.97 former high from Feb 13.
  • The chart attached highlights some projections with price in uncharted territory. The next price objective's are:
  • 150.00 Psychological round number.
  • 151.17 0.764 projection of Jun 10 – Aug 20 rally from Sep 9 low.
  • 153.09 1.000 projection of Jun 10 – Aug 20 rally from Sep 9 low

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.