By CountingPips.com | Weekly Large Trader COT Report: 10 Year US Treasury Note
10 Year Treasury Note Non-Commercial Positions:
Large 10-year treasury note futures traders and speculators increased their overall bearish positions last week for a second consecutive week, 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 -82,020 contracts in the data reported for May 3rd. This was a weekly change of -18,245 net contracts from the previous weekâs total of -63,775 net contracts that was recorded on April 26th.
For the week, the overall standing long positions in 10-year futures rose by 5,242 contracts but were offset by a decline in the short positions by 23,487 contracts to register the overall net change of -18,245 contracts for the week.
10 Year US Treasury Note Commercial Positions:
Free Reports:
In the commercial positions for the 10-year note on the week, the commercials (hedgers or traders engaged in buying and selling for business purposes) increased their overall bullish positions to a total net position of +164,108 contracts through May 3rd. This is a weekly change of +17,766 contracts from the total net position of +146,342 contracts on April 26th.
IEF 7-10 Year Bond ETF:
Over the same weekly reporting time-frame, from Tuesday April 26th to Tuesday May 3rd, the 7-10 Year Treasury Bond ETF rose from 109.06 to 110.17, according to ETF data for the iShares 7-10 Year Treasury Bond ETF (IEF).
Last 6 Weeks of Large Trader Positions
| Date | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20160329 | 71862 | 58664 | -16863 | -66968 |
| 20160405 | 163793 | 91931 | -117305 | -100442 |
| 20160412 | 93532 | -70261 | -24364 | 92941 |
| 20160419 | 74718 | -18814 | -24279 | 85 |
| 20160426 | 146342 | 71624 | -63775 | -39496 |
| 20160503 | 164108 | 17766 | -82020 | -18245 |
*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).
Article by CountingPips.com
