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STIR: Mix Of Long Cover & Short Setting in SOFR Futures On Thursday

STIR

OI data suggests that short setting was the more prominent positioning factor in the front end of the SOFR futures strip on Thursday, with only isolated rounds of net long cover seen through the reds.

  • Long cover then became more prominent further out the strip.

 

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OI data suggests that short setting was the more prominent positioning factor in the front end of the SOFR futures strip on Thursday, with only isolated rounds of net long cover seen through the reds.

  • Long cover then became more prominent further out the strip.

 

Keep reading...Show less