Trial now
US TSY FLOWS

Some short covering going through

UK

Gilt curve and the Pound

CZECHIA

First Hike on June 23 Is Now Very Likely

POLAND

PLN Weakness Is Weighing on Polish Equities

(Z0)‌ Key Support Cleared ‌ ‌

US 10YR FUTURE TECHS
  • RES 4: 139-25 High Oct 2
  • RES 3: 139-17 76.4% retracement of the Sep 29 - Oct 7 sell-off
  • RES 2: 139-14 High Oct 15
  • RES 1: 139-01+ High Oct 20
  • PRICE: 138-19+ @ 11:44 BST Oct 21
  • SUP 1: 138-13+ Intraday low
  • SUP 2: 138-12 61.8% retracement of the Jun - Aug rally (cont)
  • SUP 3: 138-04+ 1.00 proj of Aug 4 - 28 decline from Sep 3 high
  • SUP 4: 137-29 76.4% retracement of the Jun - Aug rally (cont)

Treasuries remain weaker following the strong reversal off 139-14, Oct 15 high. Earlier, futures traded sharply lower resulting in a break of the key support at 138-18+, Aug 28 low and the bear trigger. The move lower confirms a resumption of the reversal that occurred on Aug 4. This has opened 138-04+, a Fibonacci projection. Firm resistance is at 139-14, Oct 15 high with initial resistance at 139-01+.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com