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CoT Positioning Report
- Commercials: A continued shock absorber for the general investor positioning adjustments. The majority of the activity was dealing with increased longs down into the front-end of the curve.
- Non-commercials (specs): Piled on to shorts, especially down the curve as Fed hikes get priced in.
US IR Futures – COT Positioning Metrics
US IR Futures – COT Positioning Charts
TFF Positioning Report
- Dealers: Adding of longs in the 2 and 5yr sector were notable based on our flagging system.
- Asset Managers: Big shorts added to the 7yr and 10yr sector as both sit at max 52wk shorts.
- Leverage Funds: Any outsized add in TY contracts, bringing them to max long on a 52wk basis.
- Other Reportables: The capitulation of longs seems to be more in this category as seen in 10s.
US IR Futures – TFF Positioning Metrics
US IR Futures – TFF Positioning Charts
Data as of 3/2/2021