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US 10-YR YIELD TECHS: 2.842 Support Key Today....>

US
US: US 10-YR YIELD TECHS: 2.842 Support Key Today
*RES 4: 2.957 - 2018 High Feb 21 
*RES 3: 2.935 - Bollinger band top 
*RES 2: 2.925 - High Feb 27 
*RES 1: 2.892 - Hourly resistance Mar 12
*PRICE: 2.877 @ 0530GMT
*SUP 1: 2.842 - Low Mar 7 
*SUP 2: 2.821 - Bollinger band base 
*SUP 3: 2.810 - Low Mar 5 
*SUP 4: 2.793 - Low Mar 2
*COMMENTARY: Last week bears failed to capitalise on the recent sell-off from
2018 highs with the yield bouncing from ahead of key supports. Bears need a
close below 2.842 to gain breathing room and below 2.758 to end bullish hopes
and shift focus back to 2.609-704 where the 55-DMA is noted. Above 2.957 remains
needed to reconfirm focus on 3.041. Narrowing Bollinger bands are hinting at a
break out in the near future.

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