4.  Japanese Government Bonds – Lines and Islands
Japanese government bond yields continue to see clear upward pressure as the 10 year yield looks to close the gap from January 2016. The key resistance point is 0.10% and for now the floor has been established at 0.05%.  Looking at the longer term trend line there remains space for it to run before testing the trend line (let alone breaking out, which would still be a tougher ask)
Overall technical view: Bullish bias (on yields – i.e. bearish Japanese government bonds).
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