By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
Large Speculator 10 year note positions accelerated lower last week
10 Year Treasuries: Large futures speculators sharply raised their overall bearish positions last week to the largest bearish standing in approximately three months, 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 -92,329 contracts in the data reported for October 7th. This was a weekly change of -79,824 net contracts from the previous week’s total of -12,505 net contracts that was recorded on September 30th.
For the week, the standing long positions in 10-year futures fell by 46,069 contracts while the short positions advanced by 33,755 contracts to register the overall net change of -79,824 contracts on the week.
Free Reports:
10-year note speculative positions have fallen to their most bearish position since July 8th when positions equaled -96,772 contracts.
Over the weekly reporting time-frame, from Tuesday September 30th to Tuesday October 7th, the yield on the 10-Year treasury note declined from 2.52 percent to 2.36 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 |
| 09/02/2014 | 2721411 | 382415 | 465073 | -82658 | -90598 | 2.42 |
| 09/09/2014 | 2757225 | 440215 | 473482 | -33267 | 49391 | 2.50 |
| 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 |
*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).
Article by CountingPips.com – Forex Trading Apps
