By CountingPips.com
Weekly CFTC Net Speculator Report
10 Year Treasuries: Large trader and futures market speculators added to their overall bearish positions for a third straight week on October 22nd in the 10-year treasury note futures. The 10-year treasury non-commercial contracts totaled a net position of -142,550 contracts in the data reported for October 22nd, according to the Commodity Futures Trading Commission (CFTC). This was a change of -42,762 contracts from the previous week’s total of -99,788 net contracts that was registered on October 15th.
In the same time-frame, the yield on the 10 Year treasury note declined from 2.75 on Tuesday October 15th to 2.54 on Tuesday October 22nd, 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 22nd.
Last 6 Weeks of Large Trader Positions
| Date | Net Large Specs | Weekly Change | 10 Year Yield |
| 09/17/2013 | -126026 | -40702 | 2.86 |
| 09/24/2013 | -89107 | 36919 | 2.67 |
| 10/01/2013 | -28536 | 60571 | 2.66 |
| 10/08/2013 | -87571 | -59035 | 2.66 |
| 10/15/2013 | -99788 | -12217 | 2.75 |
| 10/22/2013 | -142550 | -42762 | 2.54 |
*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 – Forex Trading News & Analysis
