October 14, 2024 10:35 GMT
US TSY FUTURES: CFTC CoT Shows Mixed Swings In Long End Positioning
US TSY FUTURES
The latest CFTC COT report points to a mix of net shorts being added and trimmed across non-commercial accounts.
- This came as traders reacted to the latest NFP report, with the survey cut off coming ahead of the CPI data (covering the period through October 8).
- Levered accounts covered shorts in FV, TY & US futures, while adding to shorts in TU, UXY & WN futures.
- Meanwhile, asset managers cut longs in FV, TY, US & WN futures, but added to longs in TU & UXY.
- Further forwards, speculators and levered funds trimmed longs in SOFR futures during the hawkish post-NFP reaction, while dealers took the other side of that trade,
Source: MNI - Market News/CFTC/Bloomberg
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