Treasuries in a technical snapshot - RBS

FXStreet (Guatemala) - Analysts at RBS gave a snapshot technical analysis across treasury markets.

Key Quotes:

Bunds: Range breakout opens 158.09 and 158.52, as support moves to 157.00

Treasuries: 1.78% yield level may see a strong reaction amid inverted Head and Shoulders

Gilts: 122.59 test is on the table, but 122.00 sees an initial resistance

UK 10-30: A break below 70.5 would see further flattening to 64 bps amid wedge breakout

BTPs: 135.00 – 137.00 range for now with subsequent correction possible