MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

CHINA PBOC CONDUCTS CNY270 BILLION VIA 7-DAY REVERSE REPOS WED

MNI: PBOC Sets Yuan Parity Lower At 7.1318 Wed; -1.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1318 WED VS 7.1328

MNI BRIEF: All Options Open Next Meeting - BCB Deputy Galipolo

MNI BRIEF: Fed's Kugler Sees Renewed Progress On Inflation

June Exports Miss, Electronic Exports Fall, Lagging Other Parts Of Asia

EZ/UK Bond Supply Calendar: Greece, UK, Germany Due Wednesday

EZ/UK T-Bill Calendar: Portugal, EU Auction on Wednesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

‌(Z0)‌ ‌Sharp Slide Extends

US 10YR FUTURE TECHS
  • RES 4: 139-29+ 76.4% retracement of the Aug 4 - 28 decline
  • RES 3: 139-29 High Sep 3 and the bull trigger
  • RES 2: 139-26 High Sep 17
  • RES 1: 139-14+ High Oct 5
  • PRICE: 138-31 @ 18:12 BST Oct 5
  • SUP 1: 138-29+ Low Oct 2
  • SUP 2: 138-26+ 0.618 proj of the Aug 4 - 28 sell-off from Sep 3 high
  • SUP 3: 138-18+ Low Aug 28 and the bear trigger
  • SUP 4: 138-04+ 1.000 proj of Aug 4 - 28 sell-off from Sep 3 high

Treasuries sold off sharply Monday clearing a number of support levels along the way. The move through 139-00, Sep 4 low has strengthened the current bearish threat and signals scope for a deeper sell-off towards the next major support at 138-18+, Aug 28 low and the bear trigger. A break of this level would open 138-10+, a Fibonacci projection level. Initial resistance is at 139-14+, today's intraday high.

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.