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US TSY FUTURES: OI Points to Mix Of Short Cover & Long Setting On Friday

US TSY FUTURES

The combination of Friday’s rally and preliminary OI data points to long setting in the wings of the curve (TU & WN), along with net short cover in FV through US futures.

  • The latter dominated in net curve terms.
  • A reminder that all Tsy contracts finished off highs.

 

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The combination of Friday’s rally and preliminary OI data points to long setting in the wings of the curve (TU & WN), along with net short cover in FV through US futures.

  • The latter dominated in net curve terms.
  • A reminder that all Tsy contracts finished off highs.

 

Keep reading...Show less