CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(Z0) Key Support Defined At 139-00

US 30YR FUTURE TECHS
  • RES 4: 140-21 1.0% 10-dma Envelope
  • RES 3: 140-11 Aug 4 high and major resistance
  • RES 2: 139-29+ 76.4% retracement of the Aug 4 - 28 decline
  • RES 1: 139-29 High Sep 3 and the bull trigger
  • PRICE: 139-12+ @ 11:15 BST Sep 9
  • SUP 1: 139-00 Low Sep 4
  • SUP 2: 138-18+ Low Aug 28 and the bear trigger
  • SUP 3: 138-10+ 1.000 proj of Aug 4 - 14 sell-off from Seop 3 high
  • SUP 4: 137-30+ 1.236 proj of Aug 4 - 14 sell-off from Aug 21 high

Treasuries traded higher earlier today before finding resistance. Futures are attempting a recovery following Friday's sharp sell-off. For bulls, price needs to hold above support at 139-00, Sep 4 low. A climb higher would refocus attention on last week's 139-29 peak that represents the key near-term bull trigger. Clearance of this hurdle would open the Aug high of 140-11. A move below 139-00 would instead expose 138-18+, Aug 28 low and a key support.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.