US 10-Year Treasury Speculators decreased bearish positions last week

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large trader and futures market speculators decreased their overall bearish positions last week in the 10-year treasury notes for a second consecutive week. The 10-year treasury non-commercial contracts totaled a net position of -85,324 contracts in the data reported for September 10th. This was a change of +17,770 contracts from the previous week’s total of -103,094 net contracts on September 3rd.

In the same time-frame, the yield on the 10 Year treasury note rose from 2.86 on Tuesday September 3rd to 2.96 on Tuesday September 10th, according to US Treasury data.


10year


Last 6 Weeks of Large Trader Positions

DateNet Large SpecsWeekly Change10 Year Yield
08/06/2013-20096-319992.67
08/13/2013-66432-463362.71
08/20/2013-24840415922.82
08/27/2013-110825-859852.72
09/03/2013-10309477312.86
09/10/2013-85324177702.96



*COT explanation: The weekly cot 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).




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