"JPMorgan Considers Cutting China, India Share in EM Bond Index" - Bbg Potentially increasing the w...
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The recent reversal lower in Treasury futures, undermines the current bullish theme. An extension down would expose support at 109-26, the May 29 low, where a break would open key support and the bear trigger, at 109-12+, the May 22 low. Key short-term resistance has been defined at 111-14+, a Fibonacci retracement and the Jun 5 high. Clearance of this hurdle would be bullish.
MNI's Political Risk team has published an article looking at the political implications of tomorrow's Spending Review, particularly in the context of the Labour government's challenge from the right-wing populist Reform UK in opinion polls.