US Tsy Futures: CFTC/COT, New Rec Short 5s, 5s30s Flatter Add

     CHICAGO - Commodity Futures Trading Commission/Commitment of Traders data

for the period ending May 8 details.

     On an otherwise mixed positioning in the latest report, large speculative

accounts added to 5s30s flatteners as they extended net shorts in 5s to a new

record and reversed mild shorts in 30s to long.

     In the short end, large specs pared net longs in Fed funds for the second

consecutive period: -62,354 to finish +46,688, and added to net shorts in

Eurodollars by -88,212 to -4,040,294 (just off record short of -4,051,527 from

April 17, 2018).

     In notes, the group pared net shorts in the 2-year note by 6,980 to

-54,256, while extending net shorts in the 5-year note by -55,382 to a new

record short of -656,908. 

     In the 10-year note, the group scaled back net shorts +37,049 to finish the

latest period -408,629.

     In the long end, the group reversed prior net short in the 30-year Bond of

-6,709 to +6,235 (+12,944 net), and extended net shorts in the Ultra-bond by

-5,837 to a new record short of -177,437.

                       May 8      May 1      Rec Long          Rec Short

Fut Only 2Y Notes    -54,256    -61,236   234,808 7/31/12   -329,066 1/30/18

Combined 2Y Notes    -52,194    -59,627   235,621 5/03/11   -310,549 10/17/17

Fut Only 5Y Notes   -656,908*  -601,526   402,448 5/06/08   -656,908 5/08/18

Combined 5Y Notes   -630,199*  -577,580   387,383 5/06/08   -630,199 5/08/18

Fut Only 10Y Note   -408,629   -445,678   608,492 8/14/07   -462,133 4/24/18

Combined 10Y Note   -371,967   -410,513   668,018 8/7/07    -429,387 4/24/18

Fut Only 30Y Bond      6,235     -6,709   106,002           -178,500

Combined 30Y Bond      5,916     -4,708   122,839 12/19/17  -172,009

Fut Only Ultra Bd   -177,437*  -171,600    28,763 6/05/12   -177,437 5/08/18

Combined Ultra Bd   -177,681*  -171,887    28,763 6/05/12   -177,681 5/08/18

Fut Only 3m Euro$ -4,040,294 -3,952,082 1,822,601 3/4/08  -4,051,527 4/17/18

Combined 3m Euro$ -3,110,209*-3,017,648 1,501,690 4/20/10 -3,110,209 5/08/18

Fut Only 30d Fed Fd   46,688    109,042   332,320 6/24/08   -286,041 8/8/17

Combined 30d Fed Fd   46,433    108,786   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]