Bond prices under pressureThe price on the US 10-year Treasury note fell to almost 96.0 on Friday, after payrolls report came stronger than expected, reinforcing the view that Fed would need to slow down rate cuts.
The price on the UK 10-year gilt fell to 89.6, the lowest since August 2008, and broke down the support at 91
Overview
Ideas UK Bond Steps and ForcesThis is my perspective on the forces that might apply on the UK 10Y Gilt. It can climb along the red rectangles to fall down to the big green or if the first red rejects it or the bottom arc attracts it, we might see support in that area. The vertical green is a special one where unusual or special
UK Bond Next StepsThe rectangles are potential zones of support/resistance. They also indicate potential tendencies of the sentiment of the market through the pairs of similar color and their relative position (going up or going down). Icons are relative price predictions in time, similar to targets that can be hit.
Gilt Limited Edition MatrixIn this simulated project: pivot points, rebounds, or bounces are expected where the price meets the shapes. The icons are potential price predictions or time stamps for potential exceptional events. Blue curved path can become support or resistance. If the price goes down where there are no drawing
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