US Tsy Futures: CFTC/COT, Specs Pare Flatteners/Add Steepeners

     CHICAGO - Commodity Futures Trading Commission/Commitment of Traders data

for the period ending April 24 details.

     The latest report showed large speculative accounts added to longs/pared

shorts in the front end, while adding to shorts (new records in 5s and

10s)/paring longs in 5s on out the curve -- ergo reflecting the steepener

interest since last week Wednesday.

     In the short end, large spec added to net longs in Fed funds by +23,952 to

finish +216,504, and scaled back from prior record shorts in Eurodollars last

period by +170,331 to -3,881,196.

     In notes, the group pared net shorts in the 2-year note by +187,484 to

-69,264, while adding to net shorts in the 5-year note by -18,350 to to a new

record short of -591,849.

     In the 10-year note, the group extended new net record shorts by -90,444 to

-462,133.

     In the long end, the group pared net longs in the 30-year Bond by -26,976

to +18,321, and added net shorts in the Ultra-bond by -3,294 to finish latest

period -159,975.

                      Apr 24     Apr 17      Rec Long          Rec Short

Fut Only 2Y Notes    -69,264    -86,748   234,808 7/31/12   -329,066 1/30/18

Combined 2Y Notes    -66,108    -77,878   235,621 5/03/11   -310,549 10/17/17

Fut Only 5Y Notes   -591,849*  -573,499   402,448 5/06/08   -591,849 4/24/18

Combined 5Y Notes   -560,798   -557,711   387,383 5/06/08   -576,570 4/3/18

Fut Only 10Y Note   -462,166*  -371,689   608,492 8/14/07   -462,133 4/24/18

Combined 10Y Note   -429,387*  -344,961   668,018 8/7/07    -429,387 4/24/18

Fut Only 30Y Bond     18,321     42,297   106,002           -178,500

Combined 30Y Bond     17,175     36,491   122,839 12/19/17  -172,009

Fut Only Ultra Bd   -159,975   -156,681    28,763 6/05/12   -170,410 3/6/18

Combined Ultra Bd   -160,159   -156,659    28,763 6/05/12   -170,357 3/6/18

Fut Only 3m Euro$ -3,881,196 -4,051,527*1,822,601 3/4/08  -4,051,527 4/17/18

Combined 3m Euro$ -2,883,503 -3,079,702*1,501,690 4/20/10 -3,079,702 4/17/18

Fut Only 30d Fed Fd  216,504    192,552   332,320 6/24/08   -286,041 8/8/17

Combined 30d Fed Fd  216,156    192,488   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]