By CountingPips.com
Weekly CFTC Net Speculator Report
10 Year Treasuries: Large trader and futures market speculators slightly pulled back on their overall bearish positions last week for 10-year treasury notes. The 10-year treasury non-commercial contracts totaled a net position of -103,094 contracts in the data reported for September 3rd. This is an increase of +7,731 contracts from the previous week’s total of -110,825 net contracts on August 27th.
In the same time-frame, the yield on the 10 Year treasury note rose from 2.72 on Tuesday August 27th to 2.86 on Tuesday September 3rd, according to US Treasury data.
Last 6 Weeks of Large Trader Positions
| Date | Net Large Specs | Weekly Change | 10 Year Yield |
| 07/30/2013 | 11903 | 44215 | 2.63 |
| 08/06/2013 | -20096 | -31999 | 2.67 |
| 08/13/2013 | -66432 | -46336 | 2.71 |
| 08/20/2013 | -24840 | 41592 | 2.82 |
| 08/27/2013 | -110825 | -85985 | 2.72 |
| 09/03/2013 | -103094 | 7731 | 2.86 |
*COT explanation: The weekly cot 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).
Article by CountingPips.com – Forex News & Market Analysis
