Monday, September 14, 2015

Speculators increased net bearish positions in 10-yr Treasury futures

FXStreet (Mumbai) - The data released by the US Commodity Futures Trading Commission (CFTC) showed the speculators pushed their overall bearish positions higher last week. The bearish bets are now at highest since July 7th.

The non-commercial futures contracts of the 10-year treasury notes, traded by large speculators and hedge funds, witnessed a weekly change of -21,131 net contracts to total a net position of -23,926 contracts in the data reported for September 8th. Long positions in 10-year futures dipped by -4,336 contracts and the short positions rose by by 16,795 contracts.

The commercials (hedgers or traders engaged in buying and selling for business purposes) boosted their overall bullish positions to a total net position of +128,067 contracts. The yield on the benchmark 10-year treasury note in the US currently trades almost 1 basis point higher at 2.192%.
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