September 24, 2024 10:52 GMT
STIR: Mix Of Positioning Swings Seen On Monday
STIR
The combination of yesterday’s twist steepening of the SOFR futures strip and preliminary OI data points to long setting dominating in the whites, while short setting seemed to dominate further out the strip.
- Pockets of cover were also seen.
- A mix of Fedspeak, heightened geopolitical risk and soft Eurozone PMI data had to be accounted for on the day.
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23-Sep-24
20-Sep-24
Daily OI Change
Daily OI Change In Packs
SFRU4
1,380,556
1,387,385
-6,829
Whites
+42,525
SFRZ4
1,355,925
1,326,804
+29,121
Reds
+7,387
SFRH5
1,122,223
1,112,516
+9,707
Greens
+16,045
SFRM5
910,625
900,099
+10,526
Blues
+2,728
SFRU5
680,435
689,298
-8,863
SFRZ5
992,555
984,302
+8,253
SFRH6
726,564
718,194
+8,370
SFRM6
638,074
638,447
-373
SFRU6
543,390
543,373
+17
SFRZ6
622,700
616,741
+5,959
SFRH7
349,786
347,273
+2,513
SFRM7
306,288
298,732
+7,556
SFRU7
238,407
242,168
-3,761
SFRZ7
237,869
233,391
+4,478
SFRH8
177,989
176,825
+1,164
SFRM8
153,199
152,352
+847
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