US 10-year Treasury yields to reach March peak of 1.72%/1.77% – SocGen

The benchmark 10-year US Treasury bond yield is currently sitting at its highest level since early June at 1.6%. Economists at Société Générale expect 10Y UST to extend its bounce towards March highs at 1.72%/1.77%.

See: USD/JPY to see a topside break towards 113.25 and potentially 114.31 – DBS Bank

200-DMA near 1.38%/1.35% to be a solid support near-term

“10Y UST looks poised to edge higher towards 1.63% and could even challenge the peak of March at 1.72%/1.77%.”

“The 200-DMA near 1.38%/1.35% should be an important support near-term.”