Free Trial

OI Suggests Short Setting Dominated On Tuesday

US TSY FUTURES

The combination of yesterday’s sell off in most Tsy futures and preliminary OI data points to net short setting across most of the curve.

  • The only exceptions to the wider theme seemed to come via some net long setting in TU futures and very modest net long cover in US futures.
  • FV futures saw the largest OI DV01 equivalent swing.
02-Apr-2401-Apr-24Daily OI ChangeOI DV01 Equivalent Change ($)
TU3,802,6953,782,294+20,401+766,771
FV6,089,8656,003,608+86,257+3,634,926
TY4,384,8684,373,840+11,028+715,165
UXY2,047,5682,042,974+4,594+401,760
US1,526,1421,526,732-590-76,396
WN1,589,8131,585,179+4,634+933,665
Total+126,324+6,375,892
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.