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OI Points To Further Net Long Setting In Wake Of NFPs

US TSY FUTURES

Friday’s rally in Tsy futures and preliminary OI data points to net long setting across most of the curve, with the only round of net short cover coming in WN futures.

  • Wednesday’s net long setting theme extended, as the ‘dovish’ takeaways from the NFP release rounded off a week of generally disappointing U.S. data.
05-Jul-2403-Jul-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU4,289,2974,262,877+26,420+1,009,474
FV6,325,0096,299,755+25,254+1,067,296
TY4,469,5664,437,086+32,480+2,100,007
UXY2,086,2302,083,062+3,168+283,278
US1,680,8941,675,752+5,142+674,296
WN1,661,7551,662,418-663-133,482
Total+91,801+5,000,870
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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