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US TSY FUTURES: Net Long Setting In TY Thurs, Spurred By Demand At 7s Auction

US TSY FUTURES

OI data points to net long setting providing the most prominent positioning move during Thursday’s uptick in futures.

  • The most meaningful net long setting came in TY futures, aided by the strong demand seen at the 7-Year auction, which facilitated a rally in late NY trade.
  • That was complimented by more modest rounds of net long setting in TU, US & WN futures.
  • Net short cover came in FV and UXY futures.

 

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OI data points to net long setting providing the most prominent positioning move during Thursday’s uptick in futures.

  • The most meaningful net long setting came in TY futures, aided by the strong demand seen at the 7-Year auction, which facilitated a rally in late NY trade.
  • That was complimented by more modest rounds of net long setting in TU, US & WN futures.
  • Net short cover came in FV and UXY futures.

 

Keep reading...Show less