October 04, 2024 10:02 GMT
US TSY FUTURES: Long Cover Dominated On Thursday
US TSY FUTURES
OI suggests that long cover dominated during yesterday’s sell off, with only a modest round of net short setting in UXY futures breaking the wider trend.
- This provides a better balance in positioning ahead of today’s NFP data (which we will cover in greater detail ahead of the release).
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03-Oct-24
02-Oct-24
Daily OI Change
OI DV01 Equivalent Change ($)
TU
4,445,209
4,455,293
-10,084
-386,866
FV
6,332,314
6,366,437
-34,123
-1,490,610
TY
4,857,446
4,927,876
-70,430
-4,671,590
UXY
2,163,402
2,154,423
+8,979
+827,817
US
1,745,685
1,757,555
-11,870
-1,624,871
WN
1,716,465
1,720,034
-3,569
-767,472
Total
-121,097
-8,113,593
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