Following futures positions of non-commercials are as of September 28, 2021. 10-year note: Currently net long 181.2k, up 120k. In February last year, the 10-year treasury yield breached mid-1.40s, before tumbling to bottom at 0.4 percent in the following month. … Continued
Following futures positions of non-commercials are as of September 21, 2021. 10-year note: Currently net long 61.2k, down 68.2k. Markets took this week’s FOMC meeting well. Stocks recovered after heavy losses in the first two sessions. Bonds sold off, with … Continued
Following futures positions of non-commercials are as of September 14, 2021. 10-year note: Currently net long 129.4k, up 128.6k. The FOMC meets next week. This will be the 6th scheduled meeting this year, and two more remain – one in … Continued
Following futures positions of non-commercials are as of September 7, 2021. 10-year note: Currently net long 780, up 30.6k. Once again on Tuesday, the 10-year treasury yield faced stiff resistance at just under 1.4 percent; the session high 1.39 percent … Continued
Following futures positions of non-commercials are as of August 31, 2021. 10-year note: Currently net short 29.8k, up 143.1k. Twice in August, the 10-year treasury yield retreated after ticking 1.38 percent. This was just before testing broken-support-turned-resistance at low-1.40s. Back … Continued
Following futures positions of non-commercials are as of August 24, 2021. 10-year note: Currently net long 113.3k, down 31.9k. It turned out to be quite an anticlimax – Federal Reserve Chair Jerome Powell’s virtual speech at the Jackson Hole symposium, … Continued
Following futures positions of non-commercials are as of August 17, 2021. 10-year note: Currently net long 145.2k, up 36.4k. Next week is the annual Jackson Hole symposium, where Jerome Powell, Federal Reserve chair, will speak on “the economic outlook.” It … Continued
Following futures positions of non-commercials are as of August 10, 2021. 10-year note: Currently net long 108.8k, up 21.1k. FOMC minutes for the July 27-28 meeting are due out on Wednesday. In that meeting, it was stated that progress has … Continued
Following futures positions of non-commercials are as of August 3, 2021. 10-year note: Currently net long 87.7k, down 76.8k. A total of 5.7 million and counting. That is the number of non-farm jobs needed to match the pre-pandemic high of … Continued
Following futures positions of non-commercials are as of July 27, 2021. 10-year note: Currently net long 164.5k, up 75.6k. This week’s FOMC meeting was big yawn except for one thing. Members obviously left the fed funds rate at the current … Continued