UK government ten-year yield bonds on a free fall down -31.84%

The UK government ten-year bonds continued its downtrend in the daily price chart, pushing prices further down below its previous lows at 0.365 and finished the last session of the week at 0.22 down -31.84%. Prices have been sliding since falling below 0.610 support line reaching another support level in Friday's session at around 0.193.

Bond prices could continue down to -0.025 if it fails to hold at its current support level at 0.193. Bond prices could also return to its previous level at 0.365 and 0.446 if it stays above 0.193