By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
CFTC Futures data shows speculators rebooted short positions
10 Year Treasuries: Large 10-year note futures traders raised their overall bearish bets last week after sharply reducing them the previous 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 -67,208 contracts in the data reported for February 17th. This was a weekly change of -22,392 net contracts from the previous week’s total of -44,816 net contracts that was recorded on February 10th.
For the week, the overall standing long positions in 10-year futures fell by -3,647 contracts while the short positions rose by 18,745 contracts to register the overall net change of -22,392 contracts for the week.
Free Reports:
The 10-year futures speculator positions were previously at the lowest bearish level since October 28th (on February 10th) before bearish positions rose last week.
Over the weekly reporting time-frame, from Tuesday February 10th to Tuesday February 17th, the yield on the 10-Year treasury note gained for a second week from 2.01 percent to 2.14 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 |
| 01/13/2015 | 2701144 | 338855 | 520439 | -181584 | 61596 | 1.91 |
| 01/20/2015 | 2693860 | 376312 | 521910 | -145598 | 35986 | 1.82 |
| 01/27/2015 | 2673543 | 346739 | 454631 | -107892 | 37706 | 1.83 |
| 02/03/2015 | 2624479 | 341432 | 460212 | -118780 | -10888 | 1.79 |
| 02/10/2015 | 2557786 | 406758 | 451574 | -44816 | 73964 | 2.01 |
| 02/17/2015 | 2593586 | 403111 | 470319 | -67208 | -22392 | 2.14 |
*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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