10-Year Treasury Note Speculators increased bearish bets last week

April 25, 2015

By CountingPips.com

Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note




CFTC Futures data shows speculators add to bearish bets

10 Year Treasuries: Large 10-year treasury note futures traders and speculators added to their overall bearish positions last week after bearish bets had declined 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 -153,366 contracts in the data reported for April 21st. This was a weekly change of -41,463 net contracts from the previous week’s total of -111,903 net contracts that was recorded on April 14th.

For the week, the overall standing long positions in 10-year futures dropped by -54,328 contracts while the short positions fell by -12,865 contracts to register the overall net change of -41,463 contracts for the week.


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Over the same weekly reporting time-frame, from Tuesday April 14th to Tuesday April 21st, the yield on the 10-Year treasury note edged slightly higher from 1.90 percent to 1.92 percent, according to data from the United States Treasury Department.

 

Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Specs Long Chg Specs Long Specs Short Chg Specs Short Pct OI Specs Long Pct OI Specs Short Net Specs Weekly Chg
03/17/2015 2629131 390684 14050 498214 -16677 14.9 18.9 -107530 30727
03/24/2015 2805417 350424 -40260 530231 32017 12.5 18.9 -179807 -72277
03/31/2015 2767663 363542 13118 477352 -52879 13.1 17.2 -113810 65997
04/07/2015 2798512 329399 -34143 491826 14474 11.8 17.6 -162427 -48617
04/14/2015 2813452 377547 48148 489450 -2376 13.4 17.4 -111903 50524
04/21/2015 2838984 323219 -54328 476585 -12865 11.4 16.8 -153366 -41463



*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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