COT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of July 28, 2015.  Change is week-over-week. 10-year note: The following from the FOMC statement drew a lot of attention: “The Committee anticipates that it will be appropriate to raise the target … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of July 21, 2015.  Change is week-over-week. 10-year note: Is global growth slowing?  The ongoing slump in commodities seems to suggest that.  In this scenario, it would make sense for investors to … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of July 14, 2015.  Change is week-over-week. 10-year note: Fed Chair Janet Yellen during her mid-week Humphrey-Hawkins testimony reiterated her desire to hike interest rates later this year, if data cooperate.  On … Continued

COT: Peek Into Future Through Futures

The following are futures positions of non-commercials as of July 7, 2015.  Change is week-over-week. 10-year note: After the June FOMC minutes were released, investors pushed back expectations for the first interest rate hike to March next year.  The minutes … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of June 30, 2015.  Change is week-over-week. 10-year note: Non-commercials continue to reduce net shorts – currently lowest since September 23rd last year.  They have reduced net shorts by 98 percent in … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of June 16, 2015.  Change is week-over-week. 10-year note: Let us see if we can make some sense out of this week’s major developments.  The FOMC met, and it looked like members … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of June 9, 2015.  Change is week-over-week. 10-year note: Last week, the IMF urged the Fed to delay a rate hike until 2016.  This week, the World Bank said the same thing. … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of June 2, 2015.  Change is week-over-week. 10-year note: Yields have decisively broken out of a five-month downtrend channel.  The only question is what triggered this. To quote the Beige Book: “The … Continued

Peek Into Future Through Futures

The following are futures positions of non-commercials as of May 26, 2015.  Change is week-over-week. 10-year note: If we just focus on what the consensus was expecting, U.S. economic data this week were split down the middle, with maybe a … Continued