January 10, 2025 11:58 GMT
GILTS: Fresh Shorts Added Again In Futures On Thursday
GILTS
OI data points to ~4K of fresh net shorts being added in gilt futures on Thursday, extending the run of lower closes and upticks in OI seen through early ’25.
- That mix has been seen during each trading session of the year-to-date, with OI rising by ~30K since the turn of year.
- This suggests that net shorts set since the turn of the year account for ~3.2% of current OI.
- Yesterday’s fresh cycle low represented a 754-tick fall from the contract’s early December high.
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