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Technicals - US 10 YEAR BOND YIELDS - located at a major technical resistance level

Angela Mangan

QMG Pty Ltd

The US 10 year bond yield closed last night right on key technical resistance located at 1.93%. Although the US bond yield spiked above this barrier during intra-session trading, it did not sustain the break on a closing basis. A close above the 1.93% barrier if it occurs, would generate an upward reversal, and indicate the potential for a further increase to 2.11% (which is the location of the next major technical barrier).


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Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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