MNI BRIEF: German Insolvency Rate Slows, 2025 Pickup Expected

MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

MNI BRIEF: Brazil Annual Inflation Rises To 4.87% In November

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI: US REDBOOK: DEC STORE SALES +4.2% V YR AGO MO

US Q3 REV NONFARM PRODUCTIVITY +2.2%; Y/Y +2.0%

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

OI Points To Mix OF Short Setting & Long Cover In SOFR Futures On Wednesday

STIR

The combination of yesterday's move lower across the SOFR strip and preliminary OI data point to the following positioning swings on Wednesday:

  • Whites: Apparent net long cover in SFRH4 comfortably dominated form a net pack perspective, even with all other contracts in the pack seemingly subjected to net short setting.
  • Reds: Only what seemed to be apparent net short setting in SFRZ4 broke the wider theme of net long cover in the pack, with the latter dominating in net pack terms.
  • Greens: Only what seemed to be apparent (modest) net short setting in SFRU6 broke the wider theme of net long cover in the pack, with the latter dominating in net pack terms.
  • Blues: A mix of apparent net short setting (SFRZ6 & M7) and long cover (SFRH7 & U7), with the former dominating in net pack terms.
24-Jan-2423-Jan-24Daily OI ChangeDaily OI Change In Packs
SFRZ31,204,8881,200,276+4,612Whites-45,897
SFRH41,180,6161,237,646-57,030Reds-12,208
SFRM41,113,6061,109,423+4,183Greens-11,051
SFRU4981,182978,844+2,338Blues+6,757
SFRZ41,033,7431,031,487+2,256
SFRH5539,919547,830-7,911
SFRM5643,148645,359-2,211
SFRU5572,443576,785-4,342
SFRZ5628,089632,317-4,228
SFRH6418,120422,397-4,277
SFRM6417,109420,338-3,229
SFRU6304,316303,633+683
SFRZ6266,885258,205+8,680
SFRH7134,443136,279-1,836
SFRM7147,907146,536+1,371
SFRU7148,799150,257-1,458
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income BulletsHomepage
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income BulletsHomepage

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.