20 Jul 2015
Speculators pared overall bearish positions in 10-year treasury note last week
FXStreet (Mumbai) - As per the Commodity Futures Trading Commission (CFTC), speculators decreased their overall bearish positions in the 10-year Treasury note futures last week.
The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, witnessed a weekly change of +27,139 net contracts to total a net position of -5,599 contracts in the data reported for July 14th. Long positions in 10-year futures fell by -7,533 contracts, but was overshadowed by the drop in short positions by -34,762 contracts.
Meanwhile, the commercials (hedgers or traders engaged in buying and selling for business purposes) trimmed their overall bullish positions to a total net position of +145,800 contracts through July 14th.
At the moment, the yield on the benchmark 10-year Treasury note is trading 1.4 basis points at 2.363%.
The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, witnessed a weekly change of +27,139 net contracts to total a net position of -5,599 contracts in the data reported for July 14th. Long positions in 10-year futures fell by -7,533 contracts, but was overshadowed by the drop in short positions by -34,762 contracts.
Meanwhile, the commercials (hedgers or traders engaged in buying and selling for business purposes) trimmed their overall bullish positions to a total net position of +145,800 contracts through July 14th.
At the moment, the yield on the benchmark 10-year Treasury note is trading 1.4 basis points at 2.363%.