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YIELD TECHS: Recovery Rolls Over *RES...>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Recovery Rolls Over
*RES 4: 2.7658 High Mar 1 
*RES 3: 2.6717 High Mar 12 
*RES 2: 2.6410 50% 2.7968-2.4852 
*RES 1: 2.5845/6121 55-dma/High Apr 17 
*PRICE: 2.5199 @ 06:21 GMT, Apr 25 
*SUP 1: 2.5103 21-dma
*SUP 2: 2.4613 Low Apr 10 
*SUP 3: 2.3891 Low March 29 
*SUP 4: 2.3384 Low March 28 
10-Yr yields extended their drop yesterday as the recovery from the March lows
rolls over. Bears now look for a push back below the 21-dma to target the April
10 low at 2.4613 ahead of the March 29 low at 2.3891. To regain the upper hand
bulls need to recover the 55-dma which comes in at 2.5845 with a break above
here needed to challenge the April 17 high at 2.6121.

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