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CoT Positioning Report
- Commercials: Ahead of the Fed most of the adjustments were in the belly and intermediate sectors.
- Non-commercials (specs): Closing shorts in 2s and adding all the way through the ultra 10-yr T-note.
US IR Futures – COT Positioning Metrics
US IR Futures – COT Positioning Charts
TFF Positioning Report
- Dealers: Major reduction of ED longs while adding to shorts in 5s ahead of the Fed meeting.
- Asset Managers: The change in 5s matches closely the dealer move suggest AMs started it.
- Leverage Funds: Closing of shorts in the 2-year contract, rest was minor tweaks all over.
- Other Reportables: Adding majority of their TY long this past week while closing shorts in ultra-10s.
US IR Futures – TFF Positioning Metrics
US IR Futures – TFF Positioning Charts
Data as of 3/16/2021