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OI Points To Limited Positioning Moves On Tuesday

US TSY FUTURES
HomepageBond Market NewsBulletMarketsFixed Income Bullets

Yesterday’s sell off in Tsy futures and preliminary open interest data points to a mix of net short setting (TU, FV, UXY, US & WN) and net long cover (TY), although the moves largely offset, leaving net curve OI little changed on the day.

  • A reminder that Tsys were pressured by the latest ‘hawkish’ data input as the Q1 ECI reading printed above expectations.
  • We will provide further colour on broader Tsy market positioning ahead of today's FOMC decision.
30-Apr-2429-Apr-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU4,100,4664,086,318+14,148+508,099
FV6,007,9625,998,771+9,191+374,834
TY4,409,4134,451,536-42,123-2,644,328
UXY2,067,7232,067,493+230+19,405
US1,571,8591,558,590+13,269+1,645,068
WN1,639,4131,634,091+5,322+1,004,992
Total+37+908,069
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Yesterday’s sell off in Tsy futures and preliminary open interest data points to a mix of net short setting (TU, FV, UXY, US & WN) and net long cover (TY), although the moves largely offset, leaving net curve OI little changed on the day.

  • A reminder that Tsys were pressured by the latest ‘hawkish’ data input as the Q1 ECI reading printed above expectations.
  • We will provide further colour on broader Tsy market positioning ahead of today's FOMC decision.
30-Apr-2429-Apr-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU4,100,4664,086,318+14,148+508,099
FV6,007,9625,998,771+9,191+374,834
TY4,409,4134,451,536-42,123-2,644,328
UXY2,067,7232,067,493+230+19,405
US1,571,8591,558,590+13,269+1,645,068
WN1,639,4131,634,091+5,322+1,004,992
Total+37+908,069