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CFTC CoT Notes Net Shorts Trimmed and Net Longs Added To

US TSY FUTURES
HomepageBond Market NewsBulletMarketsFixed Income Bullets

The latest CFTC CoT revealed a trimming of net shorts (TU, FV, TY UXY & WN) and addition to net longs (US) across the U.S. Tsy futures curve through Tuesday May 28.

  • Still, the data doesn't cover Friday's PCE & MNI Chicago PMI releases, which triggered a rally into the weekend.
  • Looking deeper, asset managers seemed to conduct relatively aggressive trimming of net longs further out the curve (in US & WN futures), while hedge funds seemed to cover net shorts in all contracts outside of UXY futures.
  • A reminder that futures positioning will be skewed by basis trades.

Source: MNI - Market News/CFTC/Bloomberg

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The latest CFTC CoT revealed a trimming of net shorts (TU, FV, TY UXY & WN) and addition to net longs (US) across the U.S. Tsy futures curve through Tuesday May 28.

  • Still, the data doesn't cover Friday's PCE & MNI Chicago PMI releases, which triggered a rally into the weekend.
  • Looking deeper, asset managers seemed to conduct relatively aggressive trimming of net longs further out the curve (in US & WN futures), while hedge funds seemed to cover net shorts in all contracts outside of UXY futures.
  • A reminder that futures positioning will be skewed by basis trades.

Source: MNI - Market News/CFTC/Bloomberg