Following futures positions of non-commercials are as of September 22, 2026. 10-year note: Currently net short 811.8k, down 9.5k. Lateral support at 4.75s on the 10-year treasury yield was never tested, with this week’s low taking place at 4.93 percent … Continued
Following futures positions of non-commercials are as of September 15, 2026. 10-year note: Currently net short 821.2k, down 13.5k. Markets were begging the Federal Reserve’s FOMC (Federal Open Market Committee) to hike, and the policy-making body did not disappoint, raising … Continued
Following futures positions of non-commercials are as of September 8, 2026. 10-year note: Currently net short 834.8k, down 74.5k. Last week, August’s much-better-than-expected jobs report – creating 162,000 non-farm jobs coupled with an upward revision for June and July – … Continued
Following futures positions of non-commercials are as of September 1, 2026. 10-year note: Currently net short 909.3k, up 70.3k. Going into the two-day FOMC (Federal Open Market Committee) meeting ending on the 16th this month, markets were laser-focused on two … Continued
Following futures positions of non-commercials are as of August 25, 2026. 10-year note: Currently net short 839k, down 108k. Once again, futures traders have brought rate-hike expectations forward to September (15-16) from December (8-9), with the probabilities for a quarter-point … Continued
Following futures positions of non-commercials are as of August 18, 2026. 10-year note: Currently net short 947k, up 31.9k. Treasury Secretary Scott Bessent is taking on the bond market and could very well be on a collision course with the … Continued
Following futures positions of non-commercials are as of August 11, 2026. 10-year note: Currently net short 915.1k, down 64.2k. FOMC minutes for the July 28-29 meeting will be published on Wednesday. During the meeting, the fed funds rate was left … Continued
Following futures positions of non-commercials are as of August 4, 2026. 10-year note: Currently net short 979.2k, up 103.1k. Newly appointed Federal Reserve Chairman Kevin Warsh must be heaving a sigh of relief. As head of the central bank starting … Continued
Following futures positions of non-commercials are as of July 28, 2026. 10-year note: Currently net short 876.1k, down 3.6k. Markets are having a tough time adjusting to a new Federal Reserve chair. As head of the central bank starting May … Continued
Following futures positions of non-commercials are as of July 21, 2026. 10-year note: Currently net short 879.7k, up 48k. The FOMC (Federal Open Market Committee) meets next week (28-29), and this will be the second meeting chaired by newly appointed … Continued