In our final Europe Pi update before the quarterly Jun>Sep Eurex futures roll, we note mixed structural positioning across contracts.
Full PDF here
Most German contracts are flat, with OAT/BTP long. First notice for Eurex contracts is on June 8.
For Gilts it's May 30 - as usual we disregard the structural reading in this contract as the roll is well underway, distorting the reading from Open Interest data.

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In our final Europe Pi update before the quarterly Jun>Sep Eurex futures roll, we note mixed structural positioning across contracts.
Full PDF here
Most German contracts are flat, with OAT/BTP long. First notice for Eurex contracts is on June 8.
For Gilts it's May 30 - as usual we disregard the structural reading in this contract as the roll is well underway, distorting the reading from Open Interest data.

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MNI Europe Pi (Positioning Indicator): OAT/BTP Pre-Roll Longs