CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of July 20, 2021. 10-year note: Currently net long 88.9k, up 32.9k. Next week, the FOMC meets. This is the year’s fifth policy meeting, and three more remain. A lot has happened since … Continued

Rates Diverge With Equities – TLT Pushes Through Aug ’19 Falling Trendline

posted in: Credit, Derivatives, Economy, Technicals | 0

The year is quite young, but things have not quite turned out the way bond bears were hoping they would.  The 10-year T-yield last week pierced through trend-line support from last September.  In due course, this likely opens the door … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of January 21, 2020. 10-year note: Currently net short 302.5k, up 79k. The FOMC meets next week – on 28-29.  This is the year’s first meeting.  Markets do not expect the Fed to … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of November 19, 2019. 10-year note: Currently net short 183.5k, up 34.7k. Interesting dynamics are in play in the sovereign bond market. In the 12-months to October, US budget deficit crossed $1 trillion.  … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of October 8, 2019. 10-year note: Currently net short 122.6k, down 41.1k. The 10-year Treasury yield (1.75 percent) put in a higher low.  On September 3, rates fell to 1.43 percent, which was … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of August 13, 2019. 10-year note: Currently net short 414.3k, up 23.5k. The 10-year Treasury yield (1.54 percent) shed 20 more basis points this week.  In fact, at the lows rates were down … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of April 2, 2019. 10-year note: Currently net short 224.2k, up 57.7k. The 10-year Treasury rate (2.5 percent) rallied nine basis points this week.  Support around the intraday low of 2.36 percent eight … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of March 26, 2019. 10-year note: Currently net short 166.3k, up 2.3k. Mid-December last year, the 10-year Treasury rate lost a trend line from July 2016 when it bottomed at 1.34 percent.  This … Continued