CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of October 25, 2016. 10-year note: Rates are rising.  From 1.34 percent on July 6 this year to 1.88 percent on Friday, the 10-year Treasury yield has come a long way.  In … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of October 18, 2016. 10-year note: Both China and Japan reduced their holdings of Treasury notes and bonds in August – the former by a whopping $33.7 billion and the latter by … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of October 11, 2016. 10-year note: In late September, Janet Yellen, Fed chair, said the bank might be able to help the U.S. economy in a downturn if it could buy stocks … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of October 4, 2016. 10-year note: Bloomberg ran a story on Tuesday saying the ECB would probably gradually wind down bond purchases before the end of quantitative easing, and that it may … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of September 27, 2016. 10-year note: Once again, Mario Draghi, ECB chief, urged Eurozone governments to complement central-bank action.  He was speaking before the European parliament on Monday.  Mr. Draghi said there … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of September 20, 2016. 10-year note: A steeper yield curve is typically associated with a strengthening economy.  So when the Bank of Japan says it will target a steeper yield curve, what … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of September 13, 2016.   10-year note: More and more, we are beginning to hear from commentators – both professional and in media – that major central banks are increasingly hesitant about … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of September 6, 2016.   10-year note: Is the ECB reaching the end of the stimulus rope?  This is not a consensus thinking, but the bank may very well be trying to … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of August 30, 2016.  Change is week-over-week. 10-year note: Prior to this week, after hawkish comments from several FOMC members, it looked like the August jobs report was the sole make-or-break data … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of August 23, 2016.  Change is week-over-week. 10-year note: In the Greenspan era, traders did not have to deal with the kind of mixed messages they do today.  Back then, the message … Continued