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STIR: Long Setting In SOFR Whites Dominated On Tuesday

STIR

Yesterday’s rally in most SOFR futures and preliminary OI data points to a mix of net long setting and short cover, with the only meaningful swings in contract OI coming via apparent net long setting in SFRH5 & M5.

 

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Yesterday’s rally in most SOFR futures and preliminary OI data points to a mix of net long setting and short cover, with the only meaningful swings in contract OI coming via apparent net long setting in SFRH5 & M5.

 

Keep reading...Show less