U.S. 10Y Breakeven Rate Stalling at Key Resistance Area: Charts
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- U.S. 10-year breakven rates pausing near resistance 1.91-97% resistance zone, comprising the 200-week MA and May 2015 high, Bloomberg technical analyst Sejul Gokal writes.
Alert: HALISTER1- See chart here
- TIPS underperforming nominal USTs, narrowing the breakeven rate to 1.89% from an 18-mo high of 1.97% seen this week
- Support at 1.76%-1.73%, the highs on Oct. 31 and April 29
- NOTE: Oversold UST 30-year fades selloff against 200-Week MA support at 3.05%: click here for more
- NOTE: Sejul Gokal is a technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283