10-Year Treasury Note Non-Commercial Positions:
Large speculators and traders increased their bearish net positions in the 10-year treasury note 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 10-year treasury note futures, traded by large speculators and hedge funds, totaled a net position of -344,931 contracts in the data reported through January 3rd. This was a weekly change of -3,856 contracts from the previous week which had a total of -341,075 net contracts.
Treasury speculators raised their bearish positions for a second straight week and for the fifth out of the past six weeks
10 Year Treasury Note Commercial Positions:
The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 548,697 contracts last week. This is a weekly gain of 2,668 contracts from the total net of 546,029 contracts reported the previous week.
iShares 7-10 Year Treasury Bond (NYSE:IEF):
Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 7-10 Year Treasury Bond ETF (IEF) closed at approximately $104.77 which was a rise of $0.96 from the previous close of $103.81, according to market data from Yahoo Finance.