Following futures positions of non-commercials are as of March 11, 2025. 10-year note: Currently net short 737.1k, up 25k. In the futures market, traders are once again betting that there would be at least two 25-basis-point cuts in the fed … Continued
Following futures positions of non-commercials are as of March 4, 2025. 10-year note: Currently net short 712k, up 12.2k. Horizontal support at 4.2s-4.3s goes back years. Last week, the 10-year treasury yield closed at 4.23 percent. It was a make-or-break. … Continued
Following futures positions of non-commercials are as of February 25, 2025. 10-year note: Currently net short 699.9k, down 9.7k. Non-commercials’ net shorts in 10-year note futures are down nearly 39 percent from the record 1.1 million contracts in the week … Continued
Following futures positions of non-commercials are as of February 18, 2025. 10-year note: Currently net short 709.5k, down 41.5k. FOMC minutes for the January 28-29 meeting contained some interesting tidbits, including members’ citation of the possible effects of potential changes … Continued
Following futures positions of non-commercials are as of February 11, 2025. 10-year note: Currently net short 751k, up 43.3k. FOMC minutes for the January 28-29 meeting will be out Wednesday. The policy-setting body left the fed funds rate unchanged at … Continued
Following futures positions of non-commercials are as of February 4, 2025. 10-year note: Currently net short 707.7k, up 7.1k. Friday, the University of Michigan consumer survey was published for February, and it was revealed that the respondents meaningfully raised their … Continued
Following futures positions of non-commercials are as of January 28, 2025. 10-year note: Currently net short 700.6k, up 120.4k. As expected, the FOMC this week left the fed funds rate unchanged at a range of 425 basis points to 450 … Continued
Following futures positions of non-commercials are as of January 21, 2025. 10-year note: Currently net short 580.2k, up 12.3k. The FOMC meets next week. The 28-29 meeting is the first this year. It is certain the fed funds rate will … Continued
Following futures positions of non-commercials are as of January 14, 2025. 10-year note: Currently net short 567.9k, down 104.5k. The 10-year treasury yield reached five percent (4.997 percent, to be precise) in October 2023 before coming under pressure. Last September, … Continued
Following futures positions of non-commercials are as of December 17, 2024. 10-year note: Currently net short 732.9k, down 142.8k. In the 12 months to November, headline and core PCE (personal consumption expenditures) increased 2.44 percent and 2.82 percent respectively. These … Continued