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Notable Swings In Pre-Vol Positioning

US TSY FUTURES

The latest weekly CFTC CoT report saw some notable swings in net positioning in the U.S. fixed income futures space and we should flag that the period under question is the week through 23 Feb, so doesn't account for the vol. that was evident during the backend of last week. Some of the highlights are given below:

  • Net short positioning in TU futures was pared back to lowest level seen since early March '20.
  • Net positioning in FV futures swung to the longest seen since '13.
  • Net long positioning in TY futures was trimmed back to near neutral.
  • Net positioning In Fed Funds Futures printed at the shortest levels seen since August '19.


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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