(Repeat) Commodity Futures Trading..........>

US TSYS: (Repeat) Commodity Futures Trading Commission/Commitment of Traders

data for the period ending May 1 details: the latest report showed large

speculative accounts scaled back positions across much of the curve, but

extended net shorts in 5s and Ultras to new record levels.

- In the short end, large specs pared net longs in Fed funds by -107,462 to

finish +109,042, and added to net shorts in Eurodollars by -70,886 to -3,952,082

(just off record short of -4,051,527 from April 17, 2018).

- In notes, the group pared net shorts in the 2-year note by 8,028 to -61,236,

while extending net shorts in the 5-year note by -9,677 to a new record short of

-591,849. In the 10-year note, the group scaled back from prior record short of

-462,133 by +16,455 to finish the latest period -445,678.

- In the long end, the group reversed prior net longs in the 30-year Bond of

+18,321 to -6,709 (-25,030 net), and extended net shorts in the Ultra-bond by

-11,625 to a new record short of -171,600.