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US TSY FUTURES: CFTC Shows Hedge Funds Covering Some Shorts In US Futures

US TSY FUTURES
USMarketsHomepagemarkets-real-timeBulletGlobalFixed Income BulletsRegionNorth America

The latest CFTC CoT report pointed to a mix of net short setting and trimming, with net short non-commercial positioning remaining evident in all contracts.

  • Levered names pared some of their shorts in US futures but added to shorts across the remainder of the curve. Levered names remain net short across the curve.
  • Asset managers generally took the other side of those trades, paring net longs in US futures, while adding to net longs across the remainder of the curve. Asset managers remain net long across the curve.
  • A reminder that the survey captured reaction to Fed Chair Powell’s address at the NABE, PCE data and the ISM manufacturing survey.
  • CFTC positioning metrics will be skewed by the presence of basis trades.

Source: MNI - Market News/CFTC/Bloomberg

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The latest CFTC CoT report pointed to a mix of net short setting and trimming, with net short non-commercial positioning remaining evident in all contracts.

  • Levered names pared some of their shorts in US futures but added to shorts across the remainder of the curve. Levered names remain net short across the curve.
  • Asset managers generally took the other side of those trades, paring net longs in US futures, while adding to net longs across the remainder of the curve. Asset managers remain net long across the curve.
  • A reminder that the survey captured reaction to Fed Chair Powell’s address at the NABE, PCE data and the ISM manufacturing survey.
  • CFTC positioning metrics will be skewed by the presence of basis trades.

Source: MNI - Market News/CFTC/Bloomberg