By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
CFTC Futures data shows speculators raised their bearish bets as 10 year yield hovers below 2%
10 Year Treasuries: Large 10-year treasury note futures traders and speculators rebooted their overall bearish positions last week following a sharp decline in the bearish bets 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 -162,427 contracts in the data reported for April 7th. This was a weekly change of -48,617 net contracts from the previous week’s total of -113,810 net contracts that was recorded on March 31st.
For the week, the overall standing long positions in 10-year futures dropped by -34,143 contracts while the short positions rose by 14,474 contracts to register the overall net change of -48,617 contracts for the week.
Free Reports:
Over the weekly reporting time-frame, from Tuesday March 31st to Tuesday April 7th, the yield on the 10-Year treasury note edged lower from 1.94 percent to 1.89 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 |
| 03/03/2015 | 2602234 | 353595 | 493069 | -139474 | -29764 | 2.12 |
| 03/10/2015 | 2616675 | 376634 | 514891 | -138257 | 1217 | 2.14 |
| 03/17/2015 | 2629131 | 390684 | 498214 | -107530 | 30727 | 2.06 |
| 03/24/2015 | 2805417 | 350424 | 530231 | -179807 | -72277 | 1.88 |
| 03/31/2015 | 2767663 | 363542 | 477352 | -113810 | 65997 | 1.94 |
| 04/07/2015 | 2798512 | 329399 | 491826 | -162427 | -48617 | 1.89 |
*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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