By CountingPips.com
Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note
CFTC Monday Release due to Thanksgiving US holiday
10 Year Treasuries: Large 10-Year Note futures traders cut back sharply on their overall bearish bets higher last week after seeing rising bearish bets for the previous three weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Monday due to US holiday last week.
The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -75,327 contracts in the data reported for November 25th. This was a weekly change of +52,001 net contracts from the previous week’s total of -127,328 net contracts that was recorded on November 18th.
For the week, the overall standing long positions in 10-year futures decreased by -12,432 contracts but were more than offset by the short positions which dropped by -64,433 contracts to register the net change of +52,001 contracts for the week.
Free Reports:
Over the weekly reporting time-frame, from Tuesday November 18th to Tuesday November 25th, the yield on the 10-Year treasury note slid from 2.32 percent to 2.27 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 |
| 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 |
| 11/11/2014 | 2786466 | 390566 | 503024 | -112458 | -65172 | 2.38 |
| 11/18/2014 | 2902018 | 398903 | 526231 | -127328 | -14870 | 2.32 |
| 11/25/2014 | 3032735 | 386471 | 461798 | -75327 | 52001 | 2.27 |
*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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