10-Year Treasury Note Speculators increased bearish bets last week

(Before It's News)

By CountingPips.com

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

CFTC Futures data shows speculators add to bearish bets

10 Year Treasuries: Large 10-year treasury note futures traders and speculators added to their overall bearish positions last week after bearish bets had declined the previous 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 -153,366 contracts in the data reported for April 21st. This was a weekly change of -41,463 net contracts from the previous week’s total of -111,903 net contracts that was recorded on April 14th.

For the week, the overall standing long positions in 10-year futures dropped by -54,328 contracts while the short positions fell by -12,865 contracts to register the overall net change of -41,463 contracts for the week.

Over the same weekly reporting time-frame, from Tuesday April 14th to Tuesday April 21st, the yield on the 10-Year treasury note edged slightly higher from 1.90 percent to 1.92 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).

Article by CountingPips.com – Forex Trading Apps

• Crude Oil Speculators net bullish positions rose sharply , up for 4th straight week
• Gold Speculators net bullish positions advanced slightly last week, up 4 out of last 5 weeks
• Will Sterling Euro break 1.40 this week? (Tom Holian)
• Sterling Euro Rates and impact of Greece (Tom Holian)
• EUR/AUD Down trend in 1 hour
• GBP-EUR Rates – Rates Still favourable (Joshua Privett)
• Don’t Be a Lunatic – If your a Euro Buyer, get them Sharpish! (Daniel Johnson)
• GBP/ EUR 1 month Forecast
• Where Next for Sterling Exchange Rates? (Matthew Vassallo)
• EURUSD Daily Forecast: April 24