MNI BRIEF: Goolsbee Sees No `Last Mile' Inflation Problem

GOOLSBEE DOESN'T SEE EVIDENCE INFLATION IS STALLING OUT AT 3%

MNI BRIEF: US CRE, Consumer Loan Delinquencies Rising -Fed

MNI BRIEF: Brazil IPCA Inflation Decelerates to 3.69% in April

MNI BRIEF: CNB Concern At Upside Risk, April Minutes Show

MNI China Daily Summary: Friday, May 10

CHINA JAN-APR NEW LOANS CNY10.19 TRLN VS JAN-MAR CNY9.46 TRLN

MNI: US APR TREASURY BUDGET 209.5B

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

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

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(Z0) Support Remains Exposed

US 30YR FUTURE TECHS
  • RES 4: 177-00 High Oct 2
  • RES 3: 176-10 High Oct 15 and a key resistance
  • RES 2: 175-11 50-day EMA
  • RES 1: 173-25/29 High Oct 28 / Trendline drawn off the Aug 6 high
  • PRICE: 173-08 @ 10:52 GMT Oct 30
  • SUP 1: 172-20 Low Oct 29
  • SUP 2: 171-22 Low Oct 23 and the bear trigger
  • SUP 3: 171-00 Round number support
  • SUP 4: 170-16 1.00 proj of Aug 6 - 28 sell-off from Sep 3 high

30yr futures are lower following yesterday's sell-off. The pullback follows an inability this week to clear trendline resistance drawn off the Aug 6 high. The trendline intersects at 174-25. A break, reinforced by a move above 174-29, Oct 28 high would confirm a reversal of the recent downleg and open 176-10, Oct 15 high. While price trades below the trendline, support at 171-22, Oct 23 remains exposed. A break would resume the downtrend.

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.