Free Trial

US 10-YEAR YIELD TECHS: Bulls Look To...>

US TSYS/10Y
US TSYS/10Y: US 10-YEAR YIELD TECHS: Bulls Look To Close Above 3.2%
*RES 4: 3.6132 High April 2011p 
*RES 3: 3.3956 Apr 5 2011 low, now resistance 
*RES 2: 3.2400 Channel top 
*RES 1: 3.2305 Intraday high 
*PRICE: 3.1949 @06:55 GMT, Oct 5 
*SUP 1: 3.1261 May 18 high, now support 
*SUP 2: 3.0139 Aug 1 high, now support 
*SUP 3: 2.9683 61.8% 2.8063-3.2305 
*SUP 4: 2.9465 Triangle top from May high 
US 10-year yields touched multi-year highs of 3.2305 yesterday but were unable
to close above 3.20. The focus remains on yesterday's high at 3.2305, above
which channel top resistance is seen at 3.2400. Bears need a break back below
the May 18 high to gain some breathing space, before challenging the Aug 1 high
at $3.0139, now acting as support.

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });