MNI: RIKSBANK LEAVES KEY RATE UNCHANGED AT 3.75%

MNI BRIEF: China To Hold Key Third Plenum On July 15-18

MNI Brief: China Third Plenum To Deepen Reforms

MNI: PBOC Net Injects CNY80 Bln Via OMO Thurs; Rates Unchanged

CHINA PBOC CONDUCTS CNY100 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Higher At 7.1270 Thurs; -0.78% Y/Y

Modest SEK Weakening Post Riksbank; High Chance Of August Cut

Rate Path Revised Lower As Three More Cuts In '24 Possible

Sentiment Improves In June, But Riksbank In Focus

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(U0) 139-25 Marks The Bull Trigger

US 10YR FUTURE TECHS
  • RES 4: 140-22+ High Mar 9 and key resistance (cont)
  • RES 3: 140-02 0.764 projection of Jun 5 - 11 rally from Jun 16 low
  • RES 2: 140.00 High Mar 17 (cont) and psychological barrier
  • RES 1: 139-25 High Mar 25 and Jul 24 and bull trigger
  • PRICE: 139-18+ @ 16:18 BST Jul 28
  • SUP 1: 139-00+ Low Jul 13
  • SUP 2: 138-23+ Low Jul 2 and key near-term support
  • SUP 3: 138-07 Low Jun 16 and reversal trigger
  • SUP 4: 137-22 Low Jun 10

10yr futures have traded lower this week but despite this, the outlook remains
bullish. Note that 139-25, Friday's high also marks the high on Mar 25 and
represents a major resistance. Attention is on this level where a break would
confirm a resumption of the uptrend and expose 140-00, Mar 17 high (cont)
and a key psychological barrier. Key support remains 138.23+, a breach
would signal a reversal. Initial support is 139-00+.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
BulletMarketsFixed Income BulletsFixed Income Technical Analysis
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
BulletMarketsFixed Income BulletsFixed Income Technical Analysis

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.