US TSY FUTURES: Net Long Setting In UXY & US Dominated On Tuesday
OI data points to a mix of net long setting (TU, FV, UXY & US) and short cover (TY & WN) as Tsy futures ticked higher on Tuesday. Net long setting across UXY & US futures provided the only real net positioning swings of note and accounted for almost all of the net DV01 swing on the day.
| 16-Dec-25 | 15-Dec-25 | Daily OI Change | OI DV01 Equivalent Change ($) |
TU | 4,502,427 | 4,502,056 | +371 | +14,726 |
FV | 6,666,243 | 6,645,718 | +20,525 | +908,200 |
TY | 5,419,053 | 5,425,920 | -6,867 | -461,191 |
UXY | 2,516,405 | 2,504,545 | +11,860 | +1,072,478 |
US | 1,858,809 | 1,834,961 | +23,848 | +3,300,708 |
WN | 2,080,065 | 2,081,956 | -1,891 | -341,451 |
|
| Total | +47,846 | +4,493,469 |
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US TSYS: US Treasury Roll Views
Treasury Roll Views (first notice 28th Nov):
JPM:
- WNA: Mildly Bullish.
- USA: Mildly Bullish.
- UXY: Neutral.
- TYA: Neutral.
- FVA: Neutral.
- TUA: Neutral.
MS:
- WNA: Mildly Bearish.
- USA: Neutral.
- UXY: Bearish.
- TYA: Mildly Bearish.
- FVA: Mildly Bearish.
- TUA: Neutral.
SOFR: Mix Of Short Setting & Long Cover Seen In Futures On Friday
OI data points to net short setting dominating through the reds as most SOFR futures settled lower on Friday, with net long cover then coming to the fore in the greens and the blues.
| 14-Nov-25 | 13-Nov-25 | Daily OI Change |
| Daily OI Change In Packs |
SFRU5 | 1,367,543 | 1,356,564 | +10,979 | Whites | +73,025 |
SFRZ5 | 1,456,058 | 1,432,618 | +23,440 | Reds | +26,523 |
SFRH6 | 1,284,503 | 1,247,281 | +37,222 | Greens | -20,457 |
SFRM6 | 1,097,413 | 1,096,029 | +1,384 | Blues | -8,314 |
SFRU6 | 1,137,003 | 1,125,862 | +11,141 |
|
|
SFRZ6 | 1,208,633 | 1,190,808 | +17,825 |
|
|
SFRH7 | 849,528 | 853,156 | -3,628 |
|
|
SFRM7 | 817,182 | 815,997 | +1,185 |
|
|
SFRU7 | 768,228 | 775,279 | -7,051 |
|
|
SFRZ7 | 806,679 | 815,225 | -8,546 |
|
|
SFRH8 | 436,196 | 435,221 | +975 |
|
|
SFRM8 | 418,302 | 424,137 | -5,835 |
|
|
SFRU8 | 351,155 | 352,177 | -1,022 |
|
|
SFRZ8 | 318,633 | 326,743 | -8,110 |
|
|
SFRH9 | 201,660 | 201,225 | +435 |
|
|
SFRM9 | 188,233 | 187,850 | +383 |
|
|
US 10YR FUTURE TECHS: (Z5) Resistance Remains Intact
- RES 4: 114-02 High Oct 17 and the bull trigger
- RES 3: 113-29 High Oct 22
- RES 2: 113-18+ High Oct 28
- RES 1: 113-04+ High Nov 14
- PRICE: 112-22 @ 10:53 GMT Nov 17
- SUP 1: 112-10 100-dma
- SUP 2: 112-06 Low Sep 25 and a reversal trigger
- SUP 3: 112-05 Trendline support drawn from the May 22 low
- SUP 4: 111-23 50.0% retracement of the May 22 - Oct 17 bull leg
Treasuries last week challenged resistance at the 113-02 level, an area of congestion since Nov 5. This hurdle remains intact, however, a clear move above it would be a bullish signal and shift focus on resistance at 113-18+, the Oct 28 high. A break would also cancel a short-term bearish theme. For bears, attention is on 112-10, the 100-DMA and 112-06, the Sep 25 low. Trendline support lies at 112-05.
