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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.
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Free Access### POV. Things are getting are......>
US TSY FUTURES: ### POV. Things are getting are getting very interesting in US
futures positioning.
- Asset managers have significantly upped their Ultra 30Y longs to the biggest
ever. Leveraged investors have taken the other side of this trade and are
massively short. Dealers were massively short but there is some moderation in
that position..
- Looking along the yield curve, asset managers have a record eurodollar short
but the dealer long, that had been frighteningly high is less R-rated.
- There has been a sudden levered purchase in 2Y note futures but absolute
positioning is not so high. Levered investors appear to be spreading this 2Y
long against a 5Y short.
- US Futures positioning uses the newer version of the Commitment of Traders
Report that splits between "asset Managers/Leveraged/Dealers/Other Reportables.
See https://tinyurl.com/znjt6z6 for charts of Current 10-year equivalent
positions.
To read the full story
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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.