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US TSY FUTURES: OI Points To Short Cover & Long Setting On Tuesday

US TSY FUTURES

The combination of yesterday’s rally in Tsy futures and OI points to a mix of net short cover through TY futures and net long setting further out the curve.

  • The net long setting seen across UXY, US & WN futures tilted the curve-wide net DV01 equivalent swing that way on the day.

 

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The combination of yesterday’s rally in Tsy futures and OI points to a mix of net short cover through TY futures and net long setting further out the curve.

  • The net long setting seen across UXY, US & WN futures tilted the curve-wide net DV01 equivalent swing that way on the day.

 

Keep reading...Show less