Technical look on the US 10 year note yield

The 10-year note backs up after meeting the 1.505% Oct yield low, but we do not see sufficient evidence in the technical work to suggest the move marks a lasting trend reversal. Key support rests at the 1.685-1.715% confluence of levels, which most notably acted as range resistance for most of the Oct-Jan period.

Source: JPM

 Trader Milko Zashev

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance