Following futures positions of non-commercials are as of May 18, 2021. 10-year note: Currently net long 31.7k, up 30.4k. Apparently, some FOMC members at the April 27-28 meeting signaled that they were ready to discuss scaling back the Fed’s bond … Continued
Following futures positions of non-commercials are as of May 11, 2021. 10-year note: Currently net long 1.2k, up 8.5k. FOMC minutes for the April 27-28 meeting will be made public on Wednesday. The meeting was a non-event – pretty much. … Continued
Following futures positions of non-commercials are as of April 20, 2021. 10-year note: Currently net long 15.6k, up 18.3k. The FOMC meets next week. It is the year’s third meeting; five more remain – the scheduled ones, that is. Not … Continued
Following futures positions of non-commercials are as of April 13, 2021. 10-year note: Currently net short 2.7k, up 87.2k. Amid investor concerns that the market may get ahead of the Fed in terms of expectations for rate hikes and/or tapering … Continued
IWM short interest rose to a nine-month high at the end of March. This could potentially help the longs should they succeed in squeezing the shorts. The problem is (1) the Russell 2000 has had a massive rally in the … Continued
Following futures positions of non-commercials are as of April 6, 2021. 10-year note: Currently net long 84.6k, up 174.4k. On March 17, the 10-year treasury yield broke out of 1.63 percent, subsequently rallying to 1.77 percent by the 30th. Rates … Continued
Here is a brief review of period-over-period change in short interest in the January 16-31 period in 10 S&P 500 sectors. XLB (SPDR materials ETF) Shorts continued to cut back in the second half of January, as XLB (52.78) kept … Continued
Here is a brief review of period-over-period change in short interest in the December 3-14 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (49.46) dropped to 47.05 intraday Wednesday before reversing to end the session up 4.5 … Continued
Following futures positions of non-commercials are as of August 14, 2018. 10-year note: Currently net short 698.2k, up 111.9k. In the 12 months to July, the US Treasury issued $544.1 billion in notes and bonds. A year ago, issuance totaled … Continued
Following futures positions of non-commercials are as of July 24, 2018. 10-year note: Currently net short 509.5k, up 40.4k. Bond bulls have an opportunity. Remains to be seen if they can cash in on it. The 10-year Treasury yield (2.96 … Continued