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Mixed Position Adjustments In CFTC CoT

US TSY FUTURES

Net positioning swings (per the latest CFTC report) among the major Tsy futures contracts lacked anything in the way of uniform movement, with TU & US seeing reductions in net shorts (although the moves in US were limited), while net FV shorts extended and TY positioning flipped back to net short.

  • Eurodollar net longs were trimmed, while net shorts in Fed Funds futures extended.
  • We should highlight that the positioning only covers the week to 13 April, so doesn't capture any adjustments to the richening seen in Tsys during the latter part of last week.


MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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