February 12, 2025 11:13 GMT
US TSY FUTURES: Mix Of Long Cover & Short Setting On Tuesday
US TSY FUTURES
OI data points to a mix of net long cover (FV, TY, UXY & WN) and short setting (TU & US) during yesterday’s sell off in futures, with the former more prominent in DV01 equivalent terms.
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11-Feb-25
10-Feb-25
Daily OI Change
OI DV01 Equivalent Change ($)
TU
4,110,195
4,097,523
+12,672
+466,076
FV
6,363,633
6,400,028
-36,395
-1,497,290
TY
4,874,641
4,885,820
-11,179
-712,661
UXY
2,257,981
2,272,622
-14,641
-1,276,988
US
2,014,776
2,004,320
+10,456
+1,313,692
WN
1,794,911
1,798,699
-3,788
-718,735
Total
-42,875
-2,425,907
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