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OI Points To Mixed Positioning Swings On Monday

US TSY FUTURES

The combination of the preliminary OI data and yesterday’s twist steepening of the Tsy curve points to the following positioning swings on the day:

  • Net short cover: TU & FV:
  • Net long setting: TY & UXY
  • Net short setting: WN
  • We can’t offer much inference when it comers to net positioning swings in US futures given the unchanged priced status on the day.
  • A reminder that the space pared losses after the 10-Year auction, which resulted in mixed net price action on the day.
  • 30-Year Tsy supply follows today's CPI release.
11-Dec-2308-Dec-23Daily OI ChangeOI DV01 Equivalent Change ($)
TU3,997,0994,014,533-17,434-677,370
FV5,721,6475,734,024-12,377-537,972
TY4,438,7884,414,541+24,247+1,560,780
UXY1,982,6791,975,621+7,058+644,591
US1,299,9481,305,091-5,143-689,361
WN1,581,2541,572,932+8,322+1,767,523
Total+4,673+2,068,191
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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