Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

US 10-Year Treasury Note Speculators: In Bearish Territory

Published 10/06/2014, 02:20 AM
Updated 07/09/2023, 06:31 AM

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

10-Year US Treasury Note

Large Speculator 10 year note positions rise fall back to bearish side

10-Year Treasuries: Large futures speculators pushed their overall positions back into a bearish territory last week after being on the bullish side 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 -12,505 contracts in the data reported for September 30th. This was a weekly change of -21,349 net contracts from the previous week’s total of +8,844 net contracts that was recorded on September 23rd.

For the week, the standing long positions in 10-year futures declined by 10,161 contracts while the short positions rose by 11,188 contracts to register the overall net change of -21,349 contracts on the week. 10-year note speculative positions have flucuated the past three weeks from bearish to bullish and back again last week.

Over the weekly reporting time-frame, from Tuesday September 23rd to Tuesday September 30th, the yield on the 10-Year treasury note dipped from 2.54 percent to 2.52 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
08/26/2014 2854257 418061 410121 7940 51474 2.39
09/02/2014 2721411 382415 465073 -82658 -90598 2.42
09/09/2014 2757225 440215 473482 -33267 49391 2.50
09/16/2014 2659350 443518 450317 -6799 26468 2.60
09/23/2014 2649936 460039 451195 8844 15643 2.54
09/30/2014 2731029 449878 462383 -12505 -21349 2.52

*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).

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.