Archive for Bonds

10-Year Note Speculators added to their bearish bets this week

June 22nd – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators increased their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -402,984 contracts in the data reported through Tuesday June 18th. This was a weekly change of -36,996 net contracts from the previous week which had a total of -365,988 net contracts.

The week’s net position was the result of the gross bullish position (longs) declining by -22,496 contracts (to a weekly total of 621,005 contracts) while the gross bearish position (shorts) increased by 14,500 contracts for the week (to a total of 1,023,989 contracts).

The large speculators raised their bearish bets this week following a sharp contraction by 101,714 contracts last week. Despite the strength of the 10-Year bond notes recently, speculator bets have continued to be more bearish than bullish (bearish bets have risen in five out of the last seven weeks with a net change of -115,063 contracts over that period).

Currently, the overall bearish position is back above the -400,000 net contract level which marks just the third time bets have been this bearish since November 2018.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 340,399 contracts on the week. This was a weekly advance of 29,275 contracts from the total net of 311,124 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $127.50 which was a rise of $0.70 from the previous close of $126.80, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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10-Year Note Speculators strongly cut back on their bearish bets

June 15th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators reduced their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -365,988 contracts in the data reported through Tuesday June 11th. This was a weekly change of 101,714 net contracts from the previous week which had a total of -467,702 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 30,228 contracts (to a weekly total of 643,501 contracts) while the gross bearish position (shorts) dropped by -71,486 contracts for the week (to a total of 1,009,489 contracts).

Speculators sharply reduced their bearish bets this week by the largest one-week amount since January 8th of this year. The speculative positions had seen higher bearish sentiment in three out of the previous four weeks before this week’s turnaround.

The current net standing (-365,988 contracts) is now back below -400,000 contracts this week after rising above that threshold last week and reaching the most bearish level since November 2018.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 311,124 contracts on the week. This was a weekly loss of -107,837 contracts from the total net of 418,961 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $126.79 which was a shortfall of $-0.15 from the previous close of $126.95, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators pushed their bearish bets even higher this week

June 7th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators increased their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -467,702 contracts in the data reported through Tuesday June 4th. This was a weekly change of -91,529 net contracts from the previous week which had a total of -376,173 net contracts.

The week’s net position was the result of the gross bullish position (longs) rising by 5,317 contracts (to a weekly total of 613,273 contracts) and being more than offset by the gross bearish position (shorts) that jumped by 96,846 contracts for the week (to a total of 1,080,975 contracts).

The net speculative position has now had rising bearish bets in four out of the past five weeks. The bearish position has added a total of -179,781 contracts in that time-frame and is now at the most bearish standing since November 6th of 2018 when the level was -539,186 contracts.

Despite the speculators bearish sentiment, the 10-year note price has been very strong and rapidly increasing over the past month (yields falling), catching the speculators especially wrong-footed.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 418,961 contracts on the week. This was a weekly uptick of 112,652 contracts from the total net of 306,309 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $126.95 which was a boost of $1.56 from the previous close of $125.39, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators cut back on bearish bets for first time in 4 weeks

June 1st – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators reduced their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -376,173 contracts in the data reported through Tuesday May 28th. This was a weekly change of 47,178 net contracts from the previous week which had a total of -423,351 net contracts.

The week’s net position was the result of the gross bullish position (longs) falling by -11,538 contracts (to a weekly total of 607,956 contracts) while the gross bearish position (shorts) dropped by larger amount of -58,716 contracts for the week (to a total of 984,129 contracts).

Speculators decreased their bearish bets this week following three weeks of rising shorts (and a gain of -135,430 contracts over that period). The current speculator bearish standing has been expanding recently and remains strongly bearish despite the strength in the 10-Year bond price (decline of 10-Year yield).

Overall, the 10-Year bond speculator position has now been in bearish territory for 76 straight weeks dating back to December of 2017.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 306,309 contracts on the week. This was a weekly decline of -24,909 contracts from the total net of 331,218 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $125.39 which was a boost of $1.25 from the previous close of $124.14, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators boosted their bearish bets to highest since November

May 25th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators continued on their path of higher bearish positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -423,351 contracts in the data reported through Tuesday May 21st. This was a weekly change of -70,534 net contracts from the previous week which had a total of -352,817 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 3,092 contracts (to a weekly total of 619,494 contracts) while the gross bearish position (shorts) jumped by 73,626 contracts for the week (to a total of 1,042,845 contracts).

The net speculative bearish has risen for a three straight weeks and by a total of -135,430 contracts over that period. The bearish bets have also increased for eight out of the past nine weeks.

The overall bearish standing is now at the highest level since November 6th when the net position stood at -539,186 contracts. The speculator position and the 10-Year bond price share a generally strong correlation so looking forward we could expect either the specs to cut back on their bearish bets or the 10-year bond may start to see some weakness from here.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 331,218 contracts on the week. This was a weekly advance of 30,243 contracts from the total net of 300,975 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $124.14 which was a fall of $-0.18 from the previous close of $124.32, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators added to their bearish bets for 2nd week

May 18th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators increased their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -352,817 contracts in the data reported through Tuesday May 14th. This was a weekly change of -22,255 net contracts from the previous week which had a total of -330,562 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 38,795 contracts to a weekly total of 616,402 contracts but was overcome by the gross bearish position (shorts) that rose by 61,050 contracts for the week to a total of 969,219 contracts.

The 10-Year speculators have raised their bearish bets for two straight weeks and for seven out of the past eight weeks. The net standing is now at the most bearish level since December 18th when the net position totaled -380,779 contracts.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 300,975 contracts on the week. This was a weekly boost of 8,785 contracts from the total net of 292,190 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $124.32 which was an uptick of $0.31 from the previous close of $124.01, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators bearish bets climbed this week

May11th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators boosted their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -330,562 contracts in the data reported through Tuesday May 7th. This was a weekly change of -42,641 net contracts from the previous week which had a total of -287,921 net contracts.

The week’s net position was the result of the gross bullish position (longs) sinking by -11,479 contracts to a weekly total of 577,607 contracts in addition to the gross bearish position (shorts) which saw a increase by 31,162 contracts for the week to a total of 908,169 contracts.

The large speculators pushed their bearish bets further along this week after a pause last week. The spec position has now had rising bearish bets in six out of the last seven weeks as sentiment is seeing renewed bearishness after cooling off from late December through March. The overall standing is now at the most bearish level since December 18th when the net position was -380,779 contracts.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 292,190 contracts on the week. This was a weekly uptick of 43,176 contracts from the total net of 249,014 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $124.01 which was a boost of $0.34 from the previous close of $123.67, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators reduced bearish bets for the first time in 6 weeks

May 4th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators cut back on their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -287,921 contracts in the data reported through Tuesday April 30th. This was a weekly change of 35,870 net contracts from the previous week which had a total of -323,791 net contracts.

The week’s net position was the result of the gross bullish position (longs) growing by 3,747 contracts to a weekly total of 589,086 contracts in addition to the gross bearish position (shorts) which declined by -32,123 contracts for the week to a total of 877,007 contracts.

The net speculative bearish position had risen for five straight weeks prior to this week’s pull back. The overall speculator sentiment has now been in bearish territory for seventy-two consecutive weeks dating back to December of 2017.

Despite the recent bearish streak, the speculator positioning still remains a long way from the bearish levels of the August-to-October 2018 period which notched negative positions of more than -700,000 contracts (chart below).

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 249,014 contracts on the week. This was a weekly drop of -62,587 contracts from the total net of 311,601 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $123.66 which was a rise of $0.54 from the previous close of $123.12, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators raised their bearish bets for a fifth straight week

April 27th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators once again added to their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -323,791 contracts in the data reported through Tuesday April 23rd. This was a weekly change of -48,141 net contracts from the previous week which had a total of -275,650 net contracts.

The week’s net position was the result of the gross bullish position (longs) decreasing by -35,045 contracts to a weekly total of 585,339 contracts and combined with the gross bearish position (shorts) which increased by 13,096 contracts for the week to a total of 909,130 contracts.

The speculative net position fell for a fifth straight week this week and has dropped by a total of -159,817 contracts over that period. The current standing for the 10-year speculator bets is now at the most bearish level since December 18th when the positions totaled -380,779 contracts.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 311,601 contracts on the week. This was a weekly uptick of 47,894 contracts from the total net of 263,707 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $123.12 which was a gain of $0.30 from the previous close of $122.82, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Speculators once again raised their bearish bets for 4th week

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators continued to boost their bearish net positions in the 10-Year Note futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -275,650 contracts in the data reported through Tuesday April 16th. This was a weekly change of -14,086 net contracts from the previous week which had a total of -261,564 net contracts.

The week’s net position was the result of the gross bullish position (longs) sinking by -9,869 contracts to a weekly total of 620,384 contracts which combined with the gross bearish position (shorts) that saw an advance by 4,217 contracts for the week to a total of 896,034 contracts.

The net speculative bearish position has now risen for four straight weeks and by a total of -111,676 net contracts over that time-period. The current net position is at the most bearish level since December 31st (-308,287 contracts) but remains a far ways off the levels of the August-to-October period which had peaks of more than -700,000 contracts.

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 263,707 contracts on the week. This was a weekly advance of 46,473 contracts from the total net of 217,234 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $122.82 which was a decrease of $-0.82 from the previous close of $123.64, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

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