MNI BRIEF: China To Hold Key Third Plenum On July 15-18

MNI Brief: China Third Plenum To Deepen Reforms

MNI: PBOC Net Injects CNY80 Bln Via OMO Thurs; Rates Unchanged

CHINA PBOC CONDUCTS CNY100 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Higher At 7.1270 Thurs; -0.78% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 THURS VS 7.1248

LFS Unemployment Trend Rate Steady, But Falls In SA Terms

ANZ Business Sentiment Mixed, Price Measures Trending In The Right Direction

Job Vacancies Continue To Correct Lower, Inflation Expectations Tick Up

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

OI Points To Limited Positioning Moves On Monday, Modest Long Setting In Long End

US TSY FUTURES
HomepageBond Market NewsBulletMarketsFixed Income Bullets

The combination of yesterday’s twist flattening of the Tsy futures curve and preliminary OI data points to the following net positioning movement on Monday:

  • Net long cover: TU futures
  • Net short setting: FV futures
  • Net long setting: TY, UXY, US & WN futures
  • The net positioning swings in the individual contracts seemed to be relatively modest, with the apparent long setting in TY through WN futures providing the dominant net positioning move on the curve.
06-May-2403-May-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU4,082,1944,091,281-9,087-332,658
FV6,097,7336,081,595+16,138+663,687
TY4,416,5394,407,971+8,568+546,241
UXY2,147,9682,136,584+11,384+979,833
US1,590,6081,585,274+5,334+681,452
WN1,644,2041,637,630+6,574+1,294,748
Total+38,911+3,833,303
118 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The combination of yesterday’s twist flattening of the Tsy futures curve and preliminary OI data points to the following net positioning movement on Monday:

  • Net long cover: TU futures
  • Net short setting: FV futures
  • Net long setting: TY, UXY, US & WN futures
  • The net positioning swings in the individual contracts seemed to be relatively modest, with the apparent long setting in TY through WN futures providing the dominant net positioning move on the curve.
06-May-2403-May-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU4,082,1944,091,281-9,087-332,658
FV6,097,7336,081,595+16,138+663,687
TY4,416,5394,407,971+8,568+546,241
UXY2,147,9682,136,584+11,384+979,833
US1,590,6081,585,274+5,334+681,452
WN1,644,2041,637,630+6,574+1,294,748
Total+38,911+3,833,303