5y10y, 5y30y and 10y30y spreads are both short and medium term oversold while testing yearly

supports. Momentum leans flatter until we see breaks of Wkly Res. y5y! 1 ".# $%ly! &0.#' - Momentum leans steeper and we are above Mthly Res 124.1/127.4. Short term overbought conditions have eased. ontinued steepening will target !"ly / 2nd Mthly Res 1#2.2/1##.4 $%&/%%'. (lattening through )ly Sup 12%.7/127.% $%&/72'' would shi*t our *ocus to !"ly Sup 12&.2/121.# $2+/7+'. y10y! "." $%ly! ( .)' - Momentum is neutral but the outloo" *or the wee" leans *latter. lustered !"ly Sup 224.,/22%.2 $%1/+%' and Mthly Sup 21-.,/224.% $#4/%+' are the targets. .uesday/s outloo" is balanced. Steepening through )ly Res 2#1.2/2#1., $#%/%2' would shi*t our *ocus to !"ly Res 2#+.1/2#7.2 $24/7-'. y30y! 31 ." $%ly! (5. ' ( Momentum leans *latter we closed in !"ly/Mthly/0trly Sup #12.,/#14.& $12/72'. !e are bac" to short term oversold levels but a brea" o* !"ly Sup would e3pose room to 2nd !"ly Sup #&#.7/#&+.&. .uesday/s outloo" is balanced. Steepening through )ly Res #1+.7/#1%.7 $+2/%2' would shi*t momentum to neutral and shi*t our *ocus to !"ly Res #24.,/#27.& $2&/,&'. 5y10y! ##." $%ly! (3.*' ( Momentum *avors *lattening and we closed in !"ly/4early Support --.2/--., $1n/+&'. Momentum studies are signaling both short and medium term oversold conditions5 which may ma"e 4early Sup a *irm barrier. 6 brea" e3poses room to 2nd Mthly Sup -+.1/-%.- $#7/%4'. 7verall5 the picture leans *latter until we see a brea" o* !"ly Res 1&%.1/1&%.7 $11/+&'. 5y30y! 1"3.) $%ly! (*.0' - Momentum *avors lower spreads and we have *lattened into !"ly/4early Support 1,2.2/1,#.2 $8olding/+&'. Momentum studies are signaling both short and medium term oversold conditions5 which may ma"e 4early Sup a *irm barrier. .hough not *avored5 a brea" points to 2nd Mthly Sup 17+.-/17,.2 $#7/%4'. 7verall5 the picture leans *latter until we see a brea" o* !"ly Res 1-4.,/1-+., $11/+&'. 10y30y! "3.) $%ly! ( .+' - Momentum leans *latter with an eye on overlapping !"ly Sup ,2.%/,#.& $+7/%#' and 0trly Sup ,1.4/,#.+. !ith momentum studies signaling oversold conditions5 this may be a *irm barrier to *lattening. !"ly Res ,,.%/,-.& $##/+&' is the "ey hurdle *or a bounce.