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STIR: Net Long Setting Further Out The Strip Dominated Following NFP Data

STIR

OI data suggests that net long setting in SFRH6 through SFRU7 dominated from a positioning standpoint in the wake of Friday’s NFP release, although it was net short cover in SFRZ5 that provided the single largest net positioning swing.

  • We will provide greater colour on STIRs and the latest Fed pricing run in an upcoming STIR bullet.

 

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OI data suggests that net long setting in SFRH6 through SFRU7 dominated from a positioning standpoint in the wake of Friday’s NFP release, although it was net short cover in SFRZ5 that provided the single largest net positioning swing.

  • We will provide greater colour on STIRs and the latest Fed pricing run in an upcoming STIR bullet.

 

Keep reading...Show less