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YIELD TECHS: Monthly Lows Back In.......>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Monthly Lows Back In Focus
*RES 4: 2.5739 High May 3 
*RES 3: 2.5017 55-dma 
*RES 2: 2.4887 High May 8 
*RES 1: 2.4388/4531 High May 21/21-dma 
*PRICE: 2.3767 @ 03:09 GMT May 23
*SUP 1: 2.3521 Low May 16 
*SUP 2: 2.3384 Low March 28 
*SUP 3: 2.3000 Support 
*SUP 4: 2.2400 Channel bottom 
The recovery in US yields has proved short lived with bears regaining the upper
hand to bring the May 16 low at 2.3521 back into focus. A downside break would
open the March 28 ytd low at 2.3384 ahead of the 2.30 level. Bulls need to take
out Tuesday's high at 2.4388 and the 21-dma at 2.4531 to reignite upside
momentum towards the May 8 high at 2.4882. Above here opens the 55-dma which
currently comes in at 2.4887.

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