Weekly Large Trader COT Report: 10 Year US Treasury Note
CFTC Futures data shows speculators push positions to +47,807 net contracts
10 Year Treasury Note Non-Commercial Positions:
Large 10 Year treasury note futures traders and speculators added to their overall bullish positions last 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 +47,807 contracts in the data reported for August 11th. This was a weekly change of +15,309 net contracts from the previous week’s total of +32,498 net contracts that was recorded on August 4th.
For the week, the overall standing long positions in 10-year futures gained by 19,758 contracts and overtook the short positions that rose by 4,449 contracts to register the overall net change of +15,309 contracts for the week.
10 Year US Treasury Note Commercial Positions:
In the commercial positions for the 10-year note on the week, the commercials (hedgers or traders engaged in buying and selling for business purposes) trimmed their overall bullish positions to a total net position of +110,906 contracts through August 11th. This is a weekly change of -15,885 contracts from the total net position of +126,791 contracts on August 4th.
IEF 7-10 Year Bond ETF:
Over the same weekly reporting time-frame, from Tuesday August 4th to Tuesday August 11th, the 7-10 Year Treasury Bond ETF advanced from 106.05 to 106.69, according to ETF data for the iShares 7-10 Year Treasury Bond ETF (ARCA:IEF).
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150707 | 2725079 | 6371 | 148432 | 11927 | -32738 | -29234 |
| 20150714 | 2696755 | -28324 | 145800 | -2632 | -5599 | 27139 |
| 20150721 | 2732943 | 36188 | 129440 | -16360 | 27400 | 32999 |
| 20150728 | 2798316 | 65373 | 93070 | -36370 | 65642 | 38242 |
| 20150804 | 2923638 | 125322 | 126791 | 33721 | 32498 | -33144 |
| 20150811 | 2977165 | 53527 | 110906 | -15885 | 47807 | 15309 |
*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).