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OI Points To Short Setting Across Most Of Curve On Monday

US TSY FUTURES

The combination of yesterday's move lower in Tsy futures and preliminary OI data points to net short setting across most of the curve on Monday.

  • The exception seemed to come via apparent, modest net long cover in TU futures.
  • Friday's rally gave fresh shorts some slightly better entry points.
  • Comments from Fed's Bostic & $IG issuance seemed to help Tsys lower on the day.
04-Mar-2401-Mar-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU3,617,4803,626,872-9,392-339,312
FV5,814,3955,788,664+25,731+1,072,210
TY4,265,4254,258,249+7,176+448,124
UXY2,049,1642,045,301+3,863+343,878
US1,445,6511,440,735+4,916+646,290
WN1,586,4551,586,413+42+8,637
Total+32,336+2,179,827
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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