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

10-year Treasury yield seems to want to head higher for now

posted in: Credit, Derivatives, Technicals | 0

10-yr Treasury yield rises, diverging from loads of weaker-than-expected macro data recently There is no shortage of reason to argue for lower yield, even so sentiment can get extended Levels bond bulls will be drawn to if they believe rates … 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