October 09, 2023 15:41 GMT
German Contracts Mostly Short, With Mixed Trade Last Week (1/2)
Per our Europe Pi Positioning update out earlier today: Schatz is back at flat after a brief spell as the only German contract in long territory.
- The rest of the German space remains structurally short however: Bobl remains short, while Bund has shifted to merely short from very short, and Buxl moving in the opposite direction at very short vs short previously.
- Trade last week was mixed, with longs set in Schatz and Buxl, and longs reduced in Bobl and Bund.