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Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
Large Speculator 10 year note bearish positions fall after 3 weeks of rises
10 Year Treasuries: Large futures speculators cut back on their overall bearish bets last week after three straight weeks of increasing bearish levels that had pushed positions to the most bearish level since May, 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 -90,010 contracts in the data reported for October 21st. This was a weekly change of +33,158 net contracts from the previous week’s total of -123,168 net contracts that was recorded on October 14th.
For the week, the standing long positions in 10-year futures rose by 36,784 contracts and easily offset the short positions which rose by just 3,626 contracts to register the overall net change of +33,158 contracts on the week.
Free Reports:
Over the weekly reporting time-frame, from Tuesday October 14th to Tuesday October 21st, the yield on the 10-Year treasury note edged higher from 2.21 percent to 2.23 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 |
| 09/16/2014 | 2659350 | 443518 | 450317 | -6799 | 26468 | 2.60 |
| 09/23/2014 | 2649936 | 460039 | 451195 | 8844 | 15643 | 2.54 |
| 09/30/2014 | 2731029 | 449878 | 462383 | -12505 | -21349 | 2.52 |
| 10/07/2014 | 2708628 | 403809 | 496138 | -92329 | -79824 | 2.36 |
| 10/14/2014 | 2801826 | 419942 | 543110 | -123168 | -30839 | 2.21 |
| 10/21/2014 | 2832490 | 456726 | 546736 | -90010 | 33158 | 2.23 |
*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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