10-Year Treasury Note Speculators virtually unchanged last week as yield edges up

(Before It's News)

By CountingPips.com

Weekly CFTC COT Net Speculator Report | 10 Year US Treasury Note

CFTC Futures data shows speculators weekly bets were almost unchanged for the week

10 Year Treasuries: Large 10-year treasury note futures trader positions were virtually unchanged last week with contracts edging just slightly higher on the 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 -138,257 contracts in the data reported for March 10th. This was a weekly change of just +1,217 net contracts from the previous week’s total of -139,474 net contracts that was recorded on March 3rd.

For the week, the overall standing long positions in 10-year futures increased by 23,039 contracts while the short positions saw a rise of 21,822 contracts to register the overall net change of +1,217 contracts for the week.

Over the weekly reporting time-frame, from Tuesday March 3rd to Tuesday March 10th, the yield on the 10-Year treasury note edged up from 2.12 percent to 2.14 percent, according to data from the United States Treasury Department.

Last 6 Weeks of Large Trader Non-Commercial Positions

*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).

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