Société Générale Highlights Key Technical Levels for US Treasury Yields
Tuesday, 20 August 2024, 13:43
Key Insights from Société Générale's Analysis
Société Générale has focused on the critical technical levels for both the US2Y and US10Y Treasury yields, yens that signify pivotal market movement.
Understanding the Technical Landscape
Technical analysis reveals that the US2Y is testing support just below 4.25%, while the US10Y exhibits resistance near the 4.50% mark. These levels are crucial as they guide traders in their decision-making processes.
- US2Y Support Levels: 4.25%
- US10Y Resistance Levels: 4.50%
Continual monitoring of these key benchmarks is advised as fluctuations can signal upcoming market shifts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.