US Tsy Futures: CFTC/COT, Scale Back Most Positions, 5s Extend

     CHICAGO - Commodity Futures Trading Commission/Commitment of Traders data

for the period ending June 5 details.

     Large speculative accounts mostly pared back existing positions across the

curve except for 5s where the group extended shorts. 

     In the short end, large specs unwound a large portion of net longs in Fed

funds by -137,420 to finish +45,863, and continued to pare net shorts in

Eurodollars by +66,036 to -3,457,388. 

     In notes, the group scaled back most of net longs in the 2-year note,

-59,402 to +3,490, and extended net shorts in the 5-year note by -97,148 to

-570,005. 

     In the 10-year note, the group moved off prior record shorts by +73,521 to

-397,546. 

     In the long end, the group pared net shorts in the 30-year Bond by +15,545

to -18,169, and pared net shorts in the Ultra-bond by +5,341 to finish -184,425.

                       Jun 5     May 29      Rec Long          Rec Short

Fut Only 2Y Notes      3,490     62,892   234,808 7/31/12   -329,066 1/30/18

Combined 2Y Notes     16,333     67,767   235,621 5/03/11   -310,549 10/17/17

Fut Only 5Y Notes   -570,005   -472,857   402,448 5/06/08   -656,908 5/08/18

Combined 5Y Notes   -534,726   -423,412   387,383 5/06/08   -630,199 5/08/18

Fut Only 10Y Note   -397,546   -471,067*  608,492 8/14/07   -471,067 5/29/18

Combined 10Y Note   -258,386   -305,897   668,018 8/7/07    -429,387 4/24/18

Fut Only 30Y Bond    -18,169    -33,714   106,002           -178,500

Combined 30Y Bond    -11,973    -30,857   122,839 12/19/17  -172,009

Fut Only Ultra Bd   -184,425   -189,766    28,763 6/05/12   -194,423 5/22/18

Combined Ultra Bd   -184,318   -189,564    28,763 6/05/12   -194,949 5/22/18

Fut Only 3m Euro$ -3,457,388 -3,523,424 1,822,601 3/4/08  -4,051,527 4/17/18

Combined 3m Euro$ -2,554,756 -2,344,177 1,501,690 4/20/10 -3,110,209 5/08/18

Fut Only 30d Fed Fd   45,863    183,283   332,320 6/24/08   -286,041 8/8/17

Combined 30d Fed Fd   44,823    183,661   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]