By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
Large Speculator 10 year note bearish positions fall to -6,799 contracts
10 Year Treasuries: Large futures speculators pared their overall bearish positions last week for a second straight week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -6,799 contracts in the data reported for September 16th. This was a weekly change of +26,468 net contracts from the previous week’s total of -33,267 net contracts that was recorded on September 9th.
For the week, the standing long positions in 10-Year futures advanced by 3,303 contracts while the short positions decreased by 23,165 contracts to register the overall net change of +26,468 contracts on the week.
Free Reports:
This is the third straight week that the non-commercial 10-year treasury note positions have been on the bearish side after briefly turning bullish on August 26th.
Over the weekly reporting time-frame, from Tuesday September 9th to Tuesday September 16th, the yield on the 10-Year treasury note rose from 2.50 percent to 2.60 percent, according to data from the United States Treasury Department.
Last 6 Weeks of Large Trader Non-Commercial Positions
| Date | Open Interest | Long Specs | Short Specs | Net Large Specs | Weekly Change | 10 Year Yield |
| 08/12/2014 | 2844443 | 462457 | 512637 | -50180 | -5049 | 2.46 |
| 08/19/2014 | 2892767 | 483102 | 526636 | -43534 | 6646 | 2.4 |
| 08/26/2014 | 2854257 | 418061 | 410121 | 7940 | 51474 | 2.39 |
| 09/02/2014 | 2721411 | 382415 | 465073 | -82658 | -90598 | 2.42 |
| 09/09/2014 | 2757225 | 440215 | 473482 | -33267 | 49391 | 2.5 |
| 09/16/2014 | 2659350 | 443518 | 450317 | -6799 | 26468 | 2.6 |
*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).
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