February 05, 2025 12:18 GMT
US TSYS: US 10yr Yield is in focus
US TSYS
- The 10yr Yield is getting interesting: US Tnotes made another attempt at Monday's Fast Market printed high of 109.15+, the 10yr Yield printed a 4.4601% low on Monday.
- As mentioned previously, the next area of interest comes at 109.29, not a Tech level, but where it was trading at pre 18th December FOMC Hawkish meeting.
- For Charts fan, the US 10yr Yield could have a wide Head and Shoulder?
- Nonetheless, further push lower in the Yield will open to the 4.40% mark, and below the latter, down to 4.3440%.
- Today, these levels equates to 109.29 and 110.09+ respectively.
(Chart source: MNI/Bloomberg):
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