Bond yields hold lower ahead of European trading ...Middle East

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Bond yields hold lower ahead of European trading
10-year Treasury yields are down around 3 bps to 4.097% on the day as yields are keeping lower ahead of European trading. The week has been exemplified by a push and pull mood with the high having touched 4.192% and the low being 4.075% on Monday. As you can see, we're much closer to the latter now.From the chart above, it seems like bond sellers are struggling to take things to the next level this week. A break above the 200-day moving average (blue line) was encouraging but there is a lack of follow through. And that is bringing us back to the key level now, seen at 4.102% today.Hold above and the break higher in yields will stay supported somewhat. However, break back below and that could

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