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The JPM analysts said the cash.....>

US TSYS/RESEARCH
US TSYS/RESEARCH: The JPM analysts said the cash 5-year note yield "probes the
rich end of the 1.77-1.82% key resistance zone. Breaks through there would
whipsaw medium-term momentum models, derailing any bearish medium-term technical
setup that had developed with the late-Jun/early-Jul reversal to higher yields,
and turn our attention to next resistance parameters layered at 1.65-1.67%.
Bears would regain traction with a backup through 1.845-1.86% tactical support."

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