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STIR: Short Setting Dominated In SOFR Futures Tuesday

STIR

OI data points to short setting in 14 of the front 16 SOFR futures during yesterday’s sell off, as the inflationary impact of Trump’s policy preferences and his cabinet appointments kept pressure on the strip.

  • Only very modest rounds of net long cover broke the wider theme.

 

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OI data points to short setting in 14 of the front 16 SOFR futures during yesterday’s sell off, as the inflationary impact of Trump’s policy preferences and his cabinet appointments kept pressure on the strip.

  • Only very modest rounds of net long cover broke the wider theme.

 

Keep reading...Show less