HALISTER1: Treasury Futures Keep Mixed Outlook; Levels in Focus

Treasury Futures Keep Mixed Outlook; Levels in Focus

(Bloomberg) -- Treasury futures (TY1) technical levels in focus.
  • Daily trend bias: Neutral
  • Comment: Strong key day reversal down on Friday has been undermined by early week risk-aversion led gap higher; as such, neutral stance preferred
    • Resistance: 127-00+; 127-07+/10+
    • Support: 126-21+ (gap base); 126-19; 126-11+
  • NOTE: Roll-adjusted by difference in GFUT
  • NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
To contact the reporter on this story: Sejul Gokal in London at sgokal1@bloomberg.net To contact the editors responsible for this story: Ven Ram at vram1@bloomberg.net Scott Hamilton

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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