Trial now
EQUITY TECHS

E-MINI S&P (Z1): Bulls Still Firmly In Control

CORN TECHS

(Z1) Gains Considered Corrective

EGB OPTIONS

Bund call spread

STIR

Effective Fed Funds Rate

GILTS

DMO Plans Lower 2021-22 Issuance Than Expected

US TSYS/10Y
US TSYS/10Y: TECHS: Finding Some Support For Now
*RES 4: 3.0840 - High May 21 
*RES 3: 3.0330 - High Apr 25 
*RES 2: 3.0140 - High Aug 1 
*RES 1: 2.9950 - High Aug 3 
*PRICE: 2.9430 @ 06:40 GMT 
*SUP 1: 2.9118 - 55-DMA 
*SUP 2: 2.9221 - Low August 6
*SUP 3: 2.9020 - Hourly resistance July 23 now support 
*SUP 4: 2.8968 - Former resistance July 20 
US 10-year yields have found some support just above the 55-DMA and will need to
maintain $2.9020 to avoid slipping into a lower trading range. That said, the
broader bearish trend since the failure to sustain the  3.000% level remains
intact and break below yesterday's low of 2.9221% would likely accelerate the
bearish trend. A move back above 2.9599% is needed to stabilise the near-term
outlook.