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US TSY FUTURES: OI Points To Mix Of Short Cover & Long Setting In Thursday Rally

US TSY FUTURES

OI data points to a mix of net short cover and long setting as Tsy futures unwound some of the election-driven weakness on Thursday.

  • Net short cover provided slightly greater impact in curve-wide DV01 equivalent terms.
  • A reminder that net short setting dominated in most contracts as Wednesday, as markets eyed potential fallout from Trump’s preferred policy choices.

 

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OI data points to a mix of net short cover and long setting as Tsy futures unwound some of the election-driven weakness on Thursday.

  • Net short cover provided slightly greater impact in curve-wide DV01 equivalent terms.
  • A reminder that net short setting dominated in most contracts as Wednesday, as markets eyed potential fallout from Trump’s preferred policy choices.

 

Keep reading...Show less