The expectation is for further upside in US 10 year bond yields
Angela Mangan
QMG Pty Ltd
The expectation is for further upside in US 10 year bond yields. A Technical Alert was provided to QMG clients last Thursday (5/3/15) highlighting that the US 10 year bond yield was approaching key resistance located at 2.14%, and flagged that an upside break above this barrier would indicate the potential for further significant upside. The upside technical break above the 2.14% level occurred on Friday night (closing at 2.24%). The minimum upside technical target / major subsequent resistance is now located at 2.40%.
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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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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.
Expertise
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.
Expertise
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