HALISTER1: Treasury Futures Staging Bullish Breakout; Levels in Focus

Treasury Futures Staging Bullish Breakout; Levels in Focus

(Bloomberg) -- Treasury futures (TY1) technical levels in focus for Thursday.
  • Daily Trend Bias: Bullish
  • Comment: Staging topside breakout, clearing the important 126-28/126-29 hurdle area; year-to-date high in focus at 127-08
    • Resistance: 127-02; 127-05; 127-08
    • Support: 126-21 (pivot); 126-18+; 126-11
  • NOTE: Roll- adjusted by difference in GFUT
  • NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
To contact the reporter on this story: Sejul Gokal in London at sgokal1@bloomberg.net To contact the editors responsible for this story: Ven Ram at vram1@bloomberg.net Anil Varma

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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