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OI Points To Steepener Unwinds And Short Cover In Long End

US TSY FUTURES

The mix of preliminary open interest data and Wednesday's twist flattening of the futures curve point to an unwind of steepener positions, in addition to short cover in the long end.

11-Oct-2310-Oct-23Daily OI ChangeOI DV01 Equivalent Change ($)
TU3,977,8224,009,426-31,604-1,188,903
FV5,729,1185,746,169-17,051-711,995
TY4,718,9914,743,524-24,533-1,565,612
UXY1,896,8451,897,362-517-46,101
US1,373,9911,389,148-15,157-2,018,635
WN1,545,0281,550,305-5,277-1,009,255
Total-94,139-6,540,502
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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