A potential double top in US yields is forming, says Tony Sycamore, Director of Australia-based TECHFX TRADERS.
The spread between the 5- and 30-year US Treasury bond yields has broken above two key levels, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
10-year Italian bond yields are breaking above crucial support, according to David Sneddon and James Gilbert at Credit Suisse in London.
The US 10-year yield is likely to undergo a pullback before reaching 3.9%, according to Frank Cappelleri, Chief Market Technician at Instinet.
The longer-term downtrend for US yields remains intact, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
The Bund Future must stay above 161.76 to keep its uptrend intact, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
10 year US bond yields have broken through key resistance confirming a large double bottom reversal pattern, according to David Sneddon and James Gilbert at Credit Suisse in London.
The US 10-year yield is testing key resistance between 3.00 and 3.05, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
While a move to 4% for US Treasury Yields looks likely this would not necessarily mean an interest rate low would be in place, according to Ron William and Robin Griffiths, strategists at RW Advisory.
A major inflection point is approaching for US yields, according to Peter Lee, Chief Technical Strategist at UBS in New York.