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OI Points To Mix Of Net Long Setting & Short Cover On Friday

US TSY FUTURES

The combination of Friday’s rally in Tsy futures and preliminary OI data points to a mix of net long setting (FV, TY & US) and short cover (TU, UXY & WN).

  • The former was slightly more prominent in net curve terms, although net positioning adjustments were limited.
22-Mar-2421-Mar-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU3,707,0723,721,746-14,674-559,695
FV5,904,2955,858,223+46,072+1,963,733
TY4,308,5904,302,336+6,254+410,759
UXY2,030,7362,036,656-5,920-525,599
US1,502,2121,498,856+3,356+444,481
WN1,587,2231,590,174-2,951-611,442
Total+32,137+1,122,237
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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