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US 10yr Yield levels

US TSY FUTURES
  • US Tnotes might be showing 2 ticks up going into the European session, but similar to what we saw in the 10yr Yield with the January top of 4.1957%, the 10yr Yield is still trading at its highest level since December and has now formed a decent top at the 4.3301% mark, tested multiple time and failed to break since reaching that level post US CPI.
  • Some Desks and Investors are still eyeing the 4.40% level, while other have favoured to fade at the 4.30/4.33% level.
  • Initial support in TYH4 is at 109.15, followed by the next key level of 4.40% = 109.03.

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