By CountingPips.com
Weekly CFTC Net Speculator Report
10 Year Treasuries: Large trader and futures market speculators decreased their overall bearish positions for a third straight week on October 1st in the 10-year treasury notes. The 10-year treasury non-commercial contracts totaled a net position of -28,536 contracts in the data reported for October 1st, according to data from the Commodity Futures Trading Commission (CFTC). This was a change of +60,571 contracts from the previous week’s total of -89,107 net contracts that was registered on September 24th.
In the same time-frame, the yield on the 10 Year treasury note declined from 2.67 on Tuesday September 24th to 2.66 on Tuesday October 1st, according to US Treasury data.
*The COT data was not published by the CFTC for close to a month due to the partial government shutdown and the latest data is up to October 1st.
Last 6 Weeks of Large Trader Positions
Date | Net Large Specs | Weekly Change | 10 Year Yield |
08/27/2013 | -110825 | -85985 | 2.72 |
09/03/2013 | -103094 | 7731 | 2.86 |
09/10/2013 | -85324 | 17770 | 2.96 |
09/17/2013 | -126026 | -40702 | 2.86 |
09/24/2013 | -89107 | 36919 | 2.67 |
10/01/2013 | -28536 | 60571 | 2.66 |
*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).
Article by CountingPips.com – Currency Trading News