April 25, 2024 12:51 GMT
US 10yr Yield breaks the 4.70% level
BONDS
- US 10yr is now through the 4.70%, highest print since the start of November.
- The 4.75% level would equate to 107.01.
- In Europe, Italian BTP sees the 10yr breaching 4%, which was the 2024 high.
- French OAT and the 125.00 continues to hold, next Yield level is still seen at 3.14% = 124.71 (61.8% retrace of Oct/Dec fall).
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