200 day moving average of 2.3101%.
The US 10 year note is down testing the 200 day moving average at 2.3101%. The low yield today reached 2.3091% - just below that level. The yield bounced and is currently at 2.315%.
Needless to say, this is a key yield support level for the 10 year note.
A move below will have the 2.28% area as the next target (swing highs from August 16 and September 20). Below that and the 100 day MA at 2.2618% becomes a key support target.
