Société Générale spotlights key technical levels for the US2Y and US10Y

seekingalpha06-10

U.S. Treasury yields treaded water early Monday after rocketing higher on Friday following the government's latest employment report, which showed stronger-than-expected job growth in May. In the wake...

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In the wake...</p>\n\n<a href=\"https://seekingalpha.com/news/4114453-socit-gnrale-spotlights-key-technical-levels-for-the-us2y-and-us10y\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IEI","symbol_name":"iShares Barclays 3-7 Year Trea","start_time":0,"source_url":"https://seekingalpha.com/news/4114453-socit-gnrale-spotlights-key-technical-levels-for-the-us2y-and-us10y","article_id":"2442844038","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1450581375/image_1450581375.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2442844038","pubTimestamp":1718025378,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"U.S. Treasury yields treaded water early Monday after rocketing higher on Friday following the government's latest employment report, which showed stronger-than-expected job growth in May. In the wake","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IEI":"iShares Barclays 3-7 Year Trea","TLH":"iShares安硕10-20年国债ETF","LQD":"债券指数ETF-iShares iBoxx投资级公司债","BK4561":"索罗斯持仓","MUB":"美国市政债ETF-iShares","VCIT":"美国中期公司债-Vanguard","BK4585":"ETF&股票定投概念","SHY":"债券指数ETF-iShares Barclays 1-3年国债","TLT":"20+年以上美国国债ETF-iShares","BK4581":"高盛持仓","MBB":"美国按揭抵押债券ETF-iShares","BK4550":"红杉资本持仓","BK4504":"桥水持仓","BK4588":"碎股","IEF":"债券指数ETF-iShares Barclays 7-10年","BNDX":"国际全球债券ETF-Vanguard"},"translate_title":"法国兴业银行重点关注US2Y和US10Y的关键技术水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US10Y.BOND":1,"VCIT":1,"US2Y.BOND":1,"TLT":1,"TLH":1,"SHY":1,"MUB":1,"MBB":1,"LQD":1,"IEF":1,"BNDX":1,"IEI":1,"US3Y.BOND":0.9,"US7Y.BOND":0.9,"US6M.BOND":0.9,"US5Y.BOND":0.9,"US30Y.BOND":0.9,"US12M.BOND":0.9,"US912797FS14.BOND":0.6,"US912797GB79.BOND":0.6,"US912797GK78.BOND":0.6,"US912797GL51.BOND":0.6,"US912797GW17.BOND":0.6,"US912797HE00.BOND":0.6},"content_text":"U.S. Treasury yields treaded water early Monday after rocketing higher on Friday following the government's latest employment report, which showed stronger-than-expected job growth in May. In the wake of the recent moves in the U.S. 2-year Treasury yield (US2Y) and the U.S. 10-year Treasury yield (US10Y), Société Générale spotlighted key technical levels that investors should watch. U.S. 2-Year Treasury yield The investment institution indicated that the 2-year has experienced a sideways consolidation since April, highlighted by a crisscrossing of moves around the 200-day moving average. Société Générale noted that the lower band of the range near 4.70% remains a crucial near-term support marker. The institution went on to say only if this level would be breached then there would be a further risk of an extended downtrend. “In the short term, the recent test of 4.70% has resulted in an up move, and the 2y UST could inch higher towards the upper part of the range near 5.00%. Graphical levels at 5.04%/5.08%, representing the peak of last November, could be an important resistance zone,” Société Générale stated. See the technical chart that the firm provided:  U.S. 10-Year Treasury yield Société Générale added that the 10-year has reclaimed it's 200-day moving average, denoting a lack of steady downward momentum. At the same time, the formation of a weekly hammer candlestick also suggests exhaustion towards the downside. “A short-term up move towards the descending trend line drawn since last October at 4.63% is likely. If this is overcome, a larger uptrend can’t be ruled out towards 4.73% and perhaps even towards projections of 4.86%,” the firm stated. See Société Générale's technical chart for the 10-year yield:  For investors that are watching the status of Treasury yields, they can look to fixed income and Treasury focused exchange traded funds as a proxy instrument. Highlighted below are a grouping of ETFs to track: (NASDAQ:BND), (NYSEARCA:AGG), (BNDX), (MUB), (VCIT), (LQD), (MBB), (TLT), (TLH), (IEF), (IEI), and (SHY).  See how other yields trade across the entire yield curve here.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2442844038"}