By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
Large Speculator 10 year note bearish positions gain for first time in 3 weeks
10 Year Treasuries: Large 10 Year Note futures traders increased their overall bearish bets last week for the first time in three weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -47,286 contracts in the data reported for November 4th. This was a weekly change of -11,462 net contracts from the previous week’s total of -35,824 net contracts that was recorded on October 28th.
For the week, the standing long positions in 10-year futures declined by -16,854 contracts while the short positions fell by -5,392 contracts to register the overall net change of -11,462 contracts on the week.
Free Reports:
Over the weekly reporting time-frame, from Tuesday October 28th to Tuesday November 4th, the yield on the 10-Year treasury note rose slightly higher from 2.30 percent to 2.35 percent, according to data from the United States Treasury Department.
Last 6 Weeks of Large Trader Non-Commercial Positions
| Date | Open Interest | Long Specs | Short Specs | Net Large Specs | Weekly Change | 10 Year Yield |
| 09/30/2014 | 2731029 | 449878 | 462383 | -12505 | -21349 | 2.52 |
| 10/07/2014 | 2708628 | 403809 | 496138 | -92329 | -79824 | 2.36 |
| 10/14/2014 | 2801826 | 419942 | 543110 | -123168 | -30839 | 2.21 |
| 10/21/2014 | 2832490 | 456726 | 546736 | -90010 | 33158 | 2.23 |
| 10/28/2014 | 2726427 | 431242 | 467066 | -35824 | 54186 | 2.30 |
| 11/04/2014 | 2767604 | 414388 | 461674 | -47286 | -11462 | 2.35 |
*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).
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