Archive for Bonds

10-Year Note Speculators pared bearish bets for 5th week, lowest level in 89 weeks

October 12th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators once again 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 -122,560 contracts in the data reported through Tuesday October 8th. This was a weekly change of 41,050 net contracts from the previous week which had a total of -163,610 net contracts.

The week’s net position was the result of the gross bullish position (longs) decreasing by -36,217 contracts (to a weekly total of 604,788 contracts) while the gross bearish position (shorts) dropped by a larger amount of -77,267 contracts for the week (to a total of 727,348 contracts).

Large 10-year speculators continued to decrease their bearish positions this week for the fifth consecutive week. Overall, the spec position have now sliced off a total of 255,307 contracts from the bearish standing in these past five weeks.

The current net standing is now at the least bearish level since January 23rd of 2018, which is a span of eighty-nine weeks.

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 68,361 contracts on the week. This was a weekly decrease of -23,360 contracts from the total net of 91,721 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 $131.82 which was an advance of $1.04 from the previous close of $130.78, 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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US Treasury Bond Speculators increased bearish bets for 2nd week

October 8th – By CountingPips.comReceive our weekly COT Reports by Email

US Treasury Bond Non-Commercial Speculator Positions:

Large bond speculators added to their bearish net positions in the US Treasury Bond futures markets last 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 US Treasury Bond futures, traded by large speculators and hedge funds, totaled a net position of -72,037 contracts in the data reported through Tuesday October 1st. This was a weekly change of -13,723 net contracts from the previous week which had a total of -58,314 net contracts.

The week’s net position was the result of the gross bullish position (longs) sliding by -4,916 contracts (to a weekly total of 120,784 contracts) while the gross bearish position (shorts) rose by 8,807 contracts for the week (to a total of 192,821 contracts).

US Long Bond Speculators added to their bearish bets for the second straight week and pushed the overall net level to the most bearish standing of the year. The net position had been in bullish territory as recent as July 2nd but speculator sentiment has deteriorated since then. The current speculative level is now at the most bearish point since December 4th of 2018.

US Treasury Bond Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 39,948 contracts on the week. This was a weekly gain of 8,807 contracts from the total net of 31,141 contracts reported the previous week.

US Treasury Bond Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the US Treasury Bond Futures (Front Month) closed at approximately $161.87 which was a fall of $-0.28 from the previous close of $162.15, 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 continued to shed bearish bets for 4th week

October 5th – 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 -163,610 contracts in the data reported through Tuesday October 1st. This was a weekly change of 32,696 net contracts from the previous week which had a total of -196,306 net contracts.

The week’s net position was the result of the gross bullish position (longs) growing by 16,543 contracts (to a weekly total of 641,005 contracts) that combined with the gross bearish position (shorts) that decreased by -16,153 contracts for the week (to a total of 804,615 contracts).

The 10-year net speculators continued to decrease their bearish bets for a fourth straight week and the bearish position has now fallen by a total of 214,257 contracts over that period. This recent decline in bearish bets brings the current standing to the lowest bearish level since February 5th, a span of thirty-four weeks.

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 91,721 contracts on the week. This was a weekly pullback of -36,147 contracts from the total net of 127,868 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 $130.78 which was a fall of $-0.09 from the previous close of $130.87, 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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US Treasury Bond Speculators raised their bearish bets last week

By CountingPips.comReceive our weekly COT Reports by Email

US Treasury Bond Non-Commercial Speculator Positions:

Large bond speculators increased their bearish net positions in the US Treasury Bond futures markets last 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 US Treasury Bond futures, traded by large speculators and hedge funds, totaled a net position of -58,314 contracts in the data reported through Tuesday September 24th. This was a weekly change of -12,074 net contracts from the previous week which had a total of -46,240 net contracts.

The week’s net position was the result of the gross bullish position (longs) lowering by -6,420 contracts (to a weekly total of 125,700 contracts) while the gross bearish position (shorts) got a lift by 5,654 contracts for the week (to a total of 184,014 contracts).

US treasury bond (long bond) speculators added to their bearish bets for the first time in three weeks. Previously, specs had decreased their bearish positions in four out of the previous five weeks after positions had reached a 2019 bearish high of -67,301 contracts on August 13th. Overall, the speculative position has now been in bearish territory for twelve straight weeks after a short bullish spell in June and early July.

US Treasury Bond Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 31,141 contracts on the week. This was a weekly advance of 20,039 contracts from the total net of 11,102 contracts reported the previous week.

US Treasury Bond Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the US Treasury Bond Futures (Front Month) closed at approximately $162.15 which was a boost of $3.75 from the previous close of $158.40, 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

5-Year Bond Speculators strongly cut back on their bearish bets last week

By CountingPips.comReceive our weekly COT Reports by Email

5-Year Bond Non-Commercial Speculator Positions:

Large bond speculators reduced their bearish net positions in the 5-Year Bond futures markets last 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 5-Year Bond futures, traded by large speculators and hedge funds, totaled a net position of -72,968 contracts in the data reported through Tuesday September 24th. This was a weekly change of 92,409 net contracts from the previous week which had a total of -165,377 net contracts.

The week’s net position was the result of the gross bullish position (longs) ascending by 36,497 contracts (to a weekly total of 727,916 contracts) while the gross bearish position (shorts) fell by -55,912 contracts for the week (to a total of 800,884 contracts).

Five-year speculators sharply reduced their existing bearish positions last week for the second time in three weeks. The decline represented the largest one-week drop in fifteen weeks and brought the net position to the least bearish level of the past thirteen weeks.

Overall, the current bearish position is just a fraction of the speculator’s bearishness in 2018 which saw bearish bets get as high as -850,000 contracts.

5-Year Bond Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 79,093 contracts on the week. This was a weekly decrease of -110,919 contracts from the total net of 190,012 contracts reported the previous week.

5-Year Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 5-Year Futures (Front Month) closed at approximately $119.28 which was a boost of $0.76 from the previous close of $118.51, 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

Eurodollar Speculators reduced their bullish bets for 3rd week

By CountingPips.comReceive our weekly COT Reports by Email

Eurodollar Non-Commercial Speculator Positions:

Large bond speculators reduced their bullish net positions in the Eurodollar futures markets again last 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 Eurodollar futures, traded by large speculators and hedge funds, totaled a net position of 1,827,324 contracts in the data reported through Tuesday September 24th. This was a weekly decrease of -63,525 net contracts from the previous week which had a total of 1,890,849 net contracts.

The week’s net position was the result of the gross bullish position (longs) sliding by -120,923 contracts (to a weekly total of 2,524,537 contracts) while the gross bearish position (shorts) fell by a lesser amount of -57,398 contracts for the week (to a total of 697,213 contracts).

Eurodollar speculators cut back on their bullish bets for a third straight week and by a total of -504,105 contracts in the last three weeks. The net position is back under the +2,000,000 contract level for a second straight week. The eurodollar speculative level has been in positive territory for twenty-three straight weeks (positions went from bearish to bullish on April 23rd) and after having spent the previous one hundred and forty-six weeks in a net bearish position.

Eurodollar Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -1,685,061 contracts on the week. This was a weekly uptick of 33,986 contracts from the total net of -1,719,047 contracts reported the previous week.

ED Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Eurodollar Futures closed at approximately $98.49 which was an uptick of $0.11 from the previous close of $98.38, 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 continued to reduce their bearish bets for 3rd week

September 28th – 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 once again 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 -196,306 contracts in the data reported through Tuesday September 24th. This was a weekly change of 33,657 net contracts from the previous week which had a total of -229,963 net contracts.

The week’s net position was the result of the gross bullish position (longs) ascending by 848 contracts (to a weekly total of 624,462 contracts) while the gross bearish position (shorts) dropped by -32,809 contracts for the week (to a total of 820,768 contracts).

Speculators reduced their bearish bets for a third straight week and for the fifth time out of the past six weeks. This recent downtrend in bearish bets has now shaved off a total of 218,040 contracts from the bearish level in just the last six weeks. The current standing of speculative positions is at the least bearish level since March 26th, a span of twenty-six weeks.

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 127,868 contracts on the week. This was a weekly shortfall of -69,527 contracts from the total net of 197,395 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 $130.87 which was a boost of $1.51 from the previous close of $129.35, 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

Eurodollar Speculators dropped their bullish bets for 2nd week after 200-week high

September 23rd – By CountingPips.comReceive our weekly COT Reports by Email

Eurodollar Non-Commercial Speculator Positions:

Large bond speculators decreased their bullish net positions in the Eurodollar futures markets last week after ascending to a multi-year high level, 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 Eurodollar futures, traded by large speculators and hedge funds, totaled a net position of 1,890,849 contracts in the data reported through Tuesday September 17th. This was a weekly reduction of -370,345 net contracts from the previous week which had a total of 2,261,194 net contracts.

The week’s net position was the result of the gross bullish position (longs) dropping by -761,648 contracts (to a weekly total of 2,645,460 contracts) while the gross bearish position (shorts) fell by a lesser amount of -391,303 contracts for the week (to a total of 754,611 contracts).

Eurodollar speculators cut back on their bullish bets for the second straight week and by a total of -440,580 contracts over these past couple weeks. The speculative Eurodollar position has been consistently trending higher after turning from overall bearish to bullish on April 16th. The net position reached a 201-week high (dating back to October 2015) on September 3rd before turning lower on September 10th and 17th.

Eurodollar Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -1,719,047 contracts on the week. This was a weekly gain of 388,451 contracts from the total net of -2,107,498 contracts reported the previous week.

ED Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Eurodollar Futures closed at approximately $98.38 which was a decline of $-0.07 from the previous close of $98.45, 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 continued to decrease their bearish bets for 2nd week

September 21st – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators decreased 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 -229,963 contracts in the data reported through Tuesday September 17th. This was a weekly change of 70,470 net contracts from the previous week which had a total of -300,433 net contracts.

The week’s net position was the result of the gross bullish position (longs) going up by just 444 contracts (to a weekly total of 623,614 contracts) while the gross bearish position (shorts) dropped by -70,026 contracts for the week (to a total of 853,577 contracts).

The 10-year speculators reduced their bearish positions by over twenty percent this week for a second straight week and by a total of 147,904 net contracts over these past 2 weeks. In fact, the bearish position has also declined in four out of the past five weeks and by a total of 184,383 contracts in that time-frame.

Despite the recent pullbacks, the speculator net position remains in bearish territory although at the least bearish level since April 2nd.

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 197,395 contracts on the week. This was a weekly decline of -45,689 contracts from the total net of 243,084 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 $129.35 which was a drop of $-0.79 from the previous close of $130.15, 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 decreased their bearish bets for 3rd time in 4 weeks

September 14th – 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 again 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 -300,433 contracts in the data reported through Tuesday September 10th. This was a weekly change of 77,434 net contracts from the previous week which had a total of -377,867 net contracts.

The week’s net position was the result of the gross bullish position (longs) increasing by 35,357 contracts (to a weekly total of 623,170 contracts) while the gross bearish position (shorts) fell by -42,077 contracts for the week (to a total of 923,603 contracts).

10-Year Note speculators decreased their bearish bets for the third time out of the past four weeks and pulled their overall bearish net position to the lowest standing in nine weeks. Overall, speculators have continued to maintain a bearish stance despite the strength and rise of the 10-year prices. This cycle has been markedly different from the past where the speculators were reliable trend-followers and correlated with the 10-year price (see 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 243,084 contracts on the week. This was a weekly drop of -105,526 contracts from the total net of 348,610 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 $130.15 which was a fall of $-1.96 from the previous close of $132.12, 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