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US TSY FUTURES: Cover Dominated Ahead Of Election

US TSY FUTURES

OI data points to cover dominating during yesterday's twist flattening of the curve, as participants generally lightened up on exposure ahead of the election.

  • Short cover in TY presented the only notable move in DV01 equivalent terms.
  • Modest net short setting in FV futures the only contract to buck the broader trend.

 

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OI data points to cover dominating during yesterday's twist flattening of the curve, as participants generally lightened up on exposure ahead of the election.

  • Short cover in TY presented the only notable move in DV01 equivalent terms.
  • Modest net short setting in FV futures the only contract to buck the broader trend.

 

Keep reading...Show less