CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of January 5, 2016.  Change is week-over-week. 10-year note: The World Bank, warning of an increase in risks to the global economy, expects growth this year to come in at 2.9 percent, … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 29, 2015.  Change is week-over-week.  (Due to New Year’s Day last week, the CFTC released numbers on Monday, instead of last Friday.) 10-year note: ‘Will it or wouldn’t it?’ was … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 22, 2015.  Change is week-over-week.  (Due to Christmas last week, the CFTC released numbers on Monday, instead of last Friday.) 10-year note: The Chicago Fed’s National Financial Conditions Index (NFCI) … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 15, 2015.  Change is week-over-week. 10-year note: Call it ‘dovish’ or ‘hawkish’, the Fed finally followed through on its first hike in nine years.  The fed funds rate stayed zero-bound … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 8, 2015.  Change is week-over-week. 10-year note: Until Thursday, the two-year Treasury note yielded 0.95 percent, near recent highs of 0.96 percent.  Come Friday, it dropped seven basis points, to … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of December 1, 2015.  Change is week-over-week. 10-year note: Will it or wouldn’t it?  Will the Fed switch into a tightening mode in the face of U.S. manufacturing just entering contraction? In … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of November 24, 2015.  Change is week-over-week.  (Due to Thanksgiving last week, the CFTC released numbers on Monday, instead of last Friday.) 10-year note: Chances of the Fed moving next month (FOMC … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of November 10, 2015.  Change is week-over-week.  (Due to Veterans Day, a Federal holiday, last week, the CFTC released numbers on Monday.) 10-year note: “Muted global economic growth will not support a … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of November 3, 2015.  Change is week-over-week. 10-year note: Three prominent Fed officials tried to convince the markets this week that December was in play in earnest. Testifying before the House Financial … Continued

CoT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of October 27, 2015.  Change is week-over-week. 10-year note: Once again, the Fed took a pass.  Its decision this week not to raise interest rates was expected.  What was not expected was … Continued