December 11, 2024 11:12 GMT
US TSY FUTURES: OI Points To Another Round Of Long Cover On Tuesday
US TSY FUTURES
OI suggests that net long cover dominated during Tuesday’s downtick in Tsys, with that trend only broken by net short setting in FV futures.
- Long cover dominated in curve-wide terms for a second consecutive day, reversing much of the net long setting seen in the wake of Friday’s NFP release.
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10-Dec-24
09-Dec-24
Daily OI Change
OI DV01 Equivalent Change ($)
TU
4,278,907
4,319,871
-40,964
-1,609,967
FV
6,046,059
6,023,704
+22,355
+964,671
TY
4,433,900
4,450,684
-16,784
-1,104,382
UXY
2,198,171
2,203,635
-5,464
-497,156
US
1,847,191
1,849,355
-2,164
-286,141
WN
1,758,515
1,763,821
-5,306
-1,087,849
Total
-48,327
-3,620,823
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