Peek into future through futures

The following are futures positions of non-commercials as of February 17 (Tuesday).  Change is week-over-week. 10-year note: The 10-year yield had been trending down within a channel since it peaked on December 30, 2013 at three percent.  Early this year, … Continued

Peek into future through futures

The following are futures positions of non-commercials as of February 10 (Tuesday).  Change is week-over-week. 10-year note: The 10-year yield tacked on another seven basis points for the week.  Daily indicators are now grossly overbought.  It is also right at … Continued

A peek into future through the futures

The following are futures positions of non-commercials as of February 3 (Tuesday).  Change is week-over-week. 10-year note: The 10-year yield has risen from 1.65 to 1.94 in five sessions.  But it also dropped 52 basis points in January, and that … Continued

A peek into future through the futures

The following are futures positions of non-commercials as of January 27 (Tuesday).  Change is week-over-week. 10-year note: Can we say squeeze?  Since the end of December, net shorts have dropped 59 percent, even as the 10-year yield has collapsed 50 … Continued

A peek into future through futures

The following are futures positions of non-commercials as of January 20 (Tuesday).  Change is week-over-week. Dollar index, gold and euro jump out the most. 10-year note: It seems non-commercials’ patience is wearing thin.  On top of that, this has not … Continued

A peek into future through futures

The following are futures positions of non-commercials as of January 13 (Tuesday).  Change is week-over-week. Dollar index and E-mini S&P 500 are noticeable. 10-year note: Did non-commercials get squeezed a little this week?  By Tuesday, the 10-year yield had dropped … Continued