Scott Nations Is Bearish On 10-Year Treasuries

On CNBC's "Futures Outlook," Scott Nations said he would be a seller of the 10-year Treasury note futures, but only when the stock market settles down. He is bearish because Charles Evans, the president of the Federal Reserve Bank of Chicago, said the Fed should aim for 2.5% inflation and he thinks this is not good news for fixed income.

He wants to sell the March 10-Year Treasury note futures contract at 138'08, with a target price at 137'00 and a stop loss at 138'24. He wants to make $1,250 with the trade and he is willing to risk $500.