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STIR Positions Provide The Highlight In The Weekly CFTC Report

US TSY FUTURES

The latest weekly CFTC CoT report saw non-commercial TU net shorts trimmed, while non-commercial FV net positioning flipped back into long territory and non-commercial TY net length extended. Non-commercial positioning in US futures was the exception among the major Tsy futures contracts, with the net short position there extending. Positioning remained shy of the recent respective extremes across all 4 contracts.

  • Non-commercial net length in Eurodollar futures pulled back to the lowest level witnessed since July '20, as the recent run in reduction of net length extended.
  • Non-commercial net shorts in Fed Funds futures continued to extend, edging closer to the extremes that were last witnessed in '19.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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