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CROSS ASSET: US 10yr Yield targets the next resistance

CROSS ASSET
  • With Tnotes testing another session low, focus turns to the 4.6357% level in Yield, this is around 108.09 vs 108.10 earlier.
  • Much Further out would see 4.7351%, the 2024 high, and highest level since November 2023.
  • This level would equate to ~107.19 Today.
  • There's no Impact in the Yen as of Yet.

(Chart source: MNI/Bloomberg):

USGG10YR Index (US Generic Govt  2024-12-24 13-14-21

 

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  • With Tnotes testing another session low, focus turns to the 4.6357% level in Yield, this is around 108.09 vs 108.10 earlier.
  • Much Further out would see 4.7351%, the 2024 high, and highest level since November 2023.
  • This level would equate to ~107.19 Today.
  • There's no Impact in the Yen as of Yet.

(Chart source: MNI/Bloomberg):

USGG10YR Index (US Generic Govt  2024-12-24 13-14-21