By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
CFTC Futures data shows speculators cut down on their bearish bets to lowest since November
10 Year Treasuries: Large 10-Year Note futures traders reduced their overall bearish bets last week for a third consecutive 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 -145,598 contracts in the data reported for January 20th. This was a weekly change of +35,986 net contracts from the previous week’s total of -181,584 net contracts that was recorded on January 13th.
For the week, the overall standing long positions in 10-year futures rose by 37,457 contracts while the short positions saw a rise by just 1,471 contracts to register the overall net change of +35,986 contracts for the week.
Free Reports:
The current 10-year futures speculator position is at the lowest bearish level since November 25th when positions equaled -75,327 contracts.
Over the weekly reporting time-frame, from Tuesday January 13th to Tuesday January 20th, the yield on the 10-Year treasury note continued to decrease from 1.91 percent to 1.82 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 |
| 12/16/2014 | 2693428 | 273398 | 531648 | -258250 | -56915 | 2.07 |
| 12/23/2014 | 2585587 | 274132 | 510048 | -235916 | 22334 | 2.26 |
| 12/30/2014 | 2606841 | 281715 | 542997 | -261282 | -25366 | 2.20 |
| 01/06/2015 | 2671228 | 311511 | 554691 | -243180 | 18102 | 1.97 |
| 01/13/2015 | 2701144 | 338855 | 520439 | -181584 | 61596 | 1.91 |
| 01/20/2015 | 2693860 | 376312 | 521910 | -145598 | 35986 | 1.82 |
*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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