U.S. Treasury 10-year note futures' short bets largest since February 2020 -CFTC

  • 11/29/2021
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NEW YORK, Nov 29 (Reuters) - Speculators" net bearish bets on U.S. 10-year Treasury note futures rose to their largest since roughly mid-February 2020 in the latest week, according to Commodity Futures Trading Commission data released on Monday. Futures on U.S. 10-year notes showed net shorts of 323,415 contracts in the week ended Nov. 23, according to the CFTC"s latest Commitments of Traders data. A week earlier, speculators held 294,141 net short positions in 10-year T-note futures. Meanwhile, futures on U.S. 5-year notes, the part of the curve that reflects the Federal Reserve interest rate outlook along with 2-year notes, showed a smaller net short position of 284,883 , CFTC data showed, the lowest since mid-October. Net shorts on U.S. two-year note futures, on the other hand, increased sharply to 46,620, from 5,445 contracts in the latest week. Below is a table of the speculative positions in Treasury futures on the Chicago Board of Trade and in eurodollar futures on the Chicago Mercantile Exchange in the latest week: U.S. 2-year T-notes (Contracts of $200,000) 23 Nov 2021 week Prior week Long 302,567 345,245 Short 349,187 350,690 Net -46,620 -5,445 U.S. 5-year T-notes (Contracts of $100,000) 23 Nov 2021 week Prior week Long 335,148 300,750 Short 620,031 645,345 Net -284,883 -344,595 U.S. 10-year T-notes (Contracts of $100,000) 23 Nov 2021 week Prior week Long 437,867 486,980 Short 761,282 781,121 Net -323,415 -294,141 U.S. T-bonds (Contracts of $100,000) 23 Nov 2021 week Prior week Long 153,738 144,973 Short 164,763 161,341 Net -11,025 -16,368 U.S. Ultra T-bonds (Contracts of $100,000) 23 Nov 2021 week Prior week Long 75,005 74,179 Short 366,725 373,058 Net -291,720 -298,879 Eurodollar (Contracts of $1,000,000) 23 Nov 2021 week Prior week Long 1,402,059 1,477,552 Short 2,702,540 2,596,835 Net -1,300,481 -1,119,283 Fed funds (Contracts of $1,000,000) 23 Nov 2021 week Prior week Long 62,546 58,782 Short 144,551 123,988 Net -82,005 -65,206

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