July 09, 2024 10:18 GMT
OI Points To Net Short Setting In TU Through UXY Futures On Monday
US TSY FUTURES
Yesterday’s twist flattening of the Tsy futures curve and preliminary OI data points to net short setting as the dominant positioning factor in TU, FV, TY & UXY futures.
- This came after two days of net long setting in most contracts.
- Fed Chair Powell’s impending appearance may have driven some pre-event positioning.
08-Jul-24 | 05-Jul-24 | Daily OI Change | OI DV01 Equivalent Change ($) | |
TU | 4,291,524 | 4,287,479 | +4,045 | +154,392 |
FV | 6,367,323 | 6,321,609 | +45,714 | +1,932,142 |
TY | 4,487,096 | 4,467,091 | +20,005 | +1,295,090 |
UXY | 2,087,455 | 2,085,566 | +1,889 | +169,254 |
US | 1,678,719 | 1,678,822 | -103 | -13,570 |
WN | 1,663,305 | 1,661,515 | +1,790 | +362,459 |
Total | +73,340 | +3,899,767 |
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