HALISTER1: 10-Year Treasury Sellers Await at Gap: Traders; Death Cross Eyed

10-Year Treasury Sellers Await at Gap: Traders; Death Cross Eyed

(Bloomberg) -- Fresh sellers are lined up around 129-30, the Friday low from which the December 10-year Treasury contract gapped lower on Monday morning, according to fixed income traders in Asia.
  • See chart gap, spurred by FBI letter that appears to exonerate Clinton in e-mail investigation
  • Bearish death cross, implied by 50-DMA below 200-DMA, is confirmed on daily chart; see here
    • Slow stochastics %K at 61 poised to turn lower
  • Futures fall 12 ticks to 129-28 for biggest drop this month
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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