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US TSY FUTURES: CFTC CoT Shows Continued Cover From Asset Mgers & Hedge Funds

US TSY FUTURES

The latest CFTC CoT report showed another week of net cover by the asset management and hedge fund cohorts (through November 26).

  • Asset managers reduced net longs in all contracts outside of WN futures, although they remain net long across the board.
  • Meanwhile, hedge funds cut net shorts in TU, FV, US & WN futures, while adding to net shorts in TY & UXY futures. They remain net short across all contracts.
  • Non-commercial net positioning saw a mix of net shorts being added to and reduced, with net short cover in TU and FV futures providing the biggest swings. Non-commercial net short positioning remains intact across all contracts.
  • A reminder that the presence of basis trades will skew positioning figures provided within the CFTC CoT.

Source: MNI - Market News/CFTC/Bloomberg

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The latest CFTC CoT report showed another week of net cover by the asset management and hedge fund cohorts (through November 26).

  • Asset managers reduced net longs in all contracts outside of WN futures, although they remain net long across the board.
  • Meanwhile, hedge funds cut net shorts in TU, FV, US & WN futures, while adding to net shorts in TY & UXY futures. They remain net short across all contracts.
  • Non-commercial net positioning saw a mix of net shorts being added to and reduced, with net short cover in TU and FV futures providing the biggest swings. Non-commercial net short positioning remains intact across all contracts.
  • A reminder that the presence of basis trades will skew positioning figures provided within the CFTC CoT.

Source: MNI - Market News/CFTC/Bloomberg