US 10-Year Treasury Speculators added to bearish positions last week

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large trader and futures market speculators added to their overall bearish positions last week in the 10-year treasury notes after cutting back on shorts the previous two weeks. The 10-year treasury non-commercial contracts totaled a net position of -126,026 contracts in the data reported for September 17th. This was a change of -40,702 contracts from the previous week’s total of -85,324 net contracts that was registered on September 3rd.

In the same time-frame, the yield on the 10 Year treasury note declined from 2.96 on Tuesday September 10th to 2.86 on Tuesday September 17th, according to US Treasury data.


10-yr


Last 6 Weeks of Large Trader Positions

DateNet Large SpecsWeekly Change10 Year Yield
08/13/2013-66432-463362.71
08/20/2013-24840415922.82
08/27/2013-110825-859852.72
09/03/2013-10309477312.86
09/10/2013-85324177702.96
09/17/2013-126026-407022.86



*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).




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