19 Jan 2015
Bearish positions on US 10-year Treasuries fall for second week.
FXStreet (Mumbai) - The overall bearish bets on the US 10-year Treasuries declined for the second week to the lowest level in over a month, showed the data released by the Commodity Futures Trading Commission (CFTC) on Friday.
The non-commercial futures contracts of the 10-year treasury notes saw a weekly change of +61,596 net contracts from the previous week’s total of -243,180 net contracts recorded on January 6th. The bullish positions in 10-year Treasury futures rose by 27,344 contracts, while the short positions fell by 34,252 contracts.
Meanwhile, over the reporting time frame of Jan 6th to Jan 13th, the yield on the US 10-year Treasury yield fell from 1.97% to 1.91%. The drop in the bearish positions on the Treasury prices is in line with the money markets in the US, which are pricing-in a delay in the US interest rate hike to Q4 2015.
The non-commercial futures contracts of the 10-year treasury notes saw a weekly change of +61,596 net contracts from the previous week’s total of -243,180 net contracts recorded on January 6th. The bullish positions in 10-year Treasury futures rose by 27,344 contracts, while the short positions fell by 34,252 contracts.
Meanwhile, over the reporting time frame of Jan 6th to Jan 13th, the yield on the US 10-year Treasury yield fell from 1.97% to 1.91%. The drop in the bearish positions on the Treasury prices is in line with the money markets in the US, which are pricing-in a delay in the US interest rate hike to Q4 2015.