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STIR: Cover Dominated In Most SOFR Futures On Thursday

STIR

OI data suggests that yesterday’s twist flattening in SOFR futures was mostly driven by cover of existing longs and shorts.

  • We will post more on the pre-NFP positioning setup across U.S. rates shortly.

 

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OI data suggests that yesterday’s twist flattening in SOFR futures was mostly driven by cover of existing longs and shorts.

  • We will post more on the pre-NFP positioning setup across U.S. rates shortly.

 

Keep reading...Show less