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US Tsy Futures: CFTC/COT, Most Scale-Back, Extend Short ED, 5Y

CHICAGO (MNI) - Commodity Futures Trading Commission/Commitment of Traders data
for the period ending July 10 details.
Large speculative accounts primarily scaled back prior positions, with the
exception of adding shorts in Eurodollar futures and 5Y notes. 
In the short end, large specs pared net longs in Fed funds by -4,832 to finish
+128,538, and added to net shorts in Eurodollars for the second consecutive week
by -90,786 to -3,291,367. 
In notes, the group pared net shorts in the 2-year note by +10,984 to finish
-59, and added net shorts in the 5-year note by -53,072 to -601,191 (nearing
record short of -630,199 set back on 5/8/18. 
In the 10-year note, the group pared prior record shorts -500,076 by +60,928 to
finish -439,148. 
In the long end, the group reversed the prior net short in the 30-year Bond of
-15,776 to +8,375 (+24,141 net), and pared net shorts in the Ultra-bond by
+3,405 to finish -190,794.
                      Jul 10      Jul 3      Rec Long          Rec Short
Fut Only 2Y Notes        -59    -11,043    234,808 7/31/12   -329,066 1/30/18
Combined 2Y Notes      5,264     -4,824    235,621 5/03/11   -310,549 10/17/17
Fut Only 5Y Notes   -601,191   -548,119    402,448 5/06/08   -656,908 5/08/18
Combined 5Y Notes   -588,531   -540,718    387,383 5/06/08   -630,199 5/08/18
Fut Only 10Y Note   -439,148   -500,076*   608,492 8/14/07   -540,076 7/06/18
Combined 10Y Note   -346,291   -400,271    668,018 8/7/07    -429,387 4/24/18
Fut Only 30Y Bond      8,375    -15,766    106,002           -178,500
Combined 30Y Bond     -2,097    -25,172    122,839 12/19/17  -172,009
Fut Only Ultra Bd   -190,794   -194,199     28,763 6/05/12   -194,423 5/22/18
Combined Ultra Bd   -191,126   -194,494     28,763 6/05/12   -194,949 5/22/18
Fut Only 3m Euro$ -3,291,367 -3,200,581  1,822,601 3/4/08  -4,051,527 4/17/18
Combined 3m Euro$ -2,835,314 -2,698,745  1,501,690 4/20/10 -3,110,209 5/08/18
Fut Only 30d Fed Fd  128,538    133,370    332,320 6/24/08   -286,041 8/8/17
Combined 30d Fed Fd  128,447    133,203    333,657 6/24/08   -286,025 8/8/17
*Denotes new record
--MNI Chicago Bureau; tel: +1 312-431-0089; email: bill.sokolis@marketnews.com
[TOPICS: MTABLE]

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