March 5. Non-Commercial Specs in Tens… net short

A friend sent COT net non-commercial position in TY (thanks KW), which I have overlaid with the front contract in TY.  The last time the net short was this extreme was after Trump’s election, and a rally ensued as shorts were squeezed out.  Is the same price action in the offing this time around?   Certainly the TY contract appears to have had a technical breakout to the downside, and increased treasury supply in well known.

 

Just something to bear in mind….

Posted on March 5, 2018 at 10:07 am by alexmanzara · Permalink
In: Eurodollar Options

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