FXStreet (Mumbai) – As per the data released by the Commodity Futures Trading Commission (CFTC), speculators increased their overall bearish positions in 10-year Treasury note futures last week after reducing bearish positions for five consecutive weeks.
The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds witnessed a weekly change of -59,870 net contracts to total a net position of -96,449 contracts in the data reported for the week ended June 16th. Long positions in 10-year futures fell by -29,071 contracts combined with a rise in the short positions by 30,799 contracts.
The 10-year yield currently trades at 2.232%, up 5.3 basis points on the day.
(Market News Provided by FXstreet)