Free Trial

OI Points To Little Change In Net Positioning During Low Conviction Monday

US TSY FUTURES

The combination of yesterday’s downtick in most Tsy futures and preliminary OI data points to a mix of very modest net short setting and long cover to start the week.

  • That came as a lack of meaningful macro news flow and fairly steady state in geopolitical risk surrounding the Middle East made for a low conviction, reduced volume session.
22-Apr-2419-Apr-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU4,025,5284,011,527+14,001+509,055
FV5,943,4775,942,650+827+33,963
TY4,476,5564,467,915+8,641+546,175
UXY2,060,7892,059,857+932+79,274
US1,546,6471,551,228-4,581-572,769
WN1,615,1301,616,583-1,453-279,060
Total+18,367+316,637
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.