Reported about 12 hours ago
Futures traders are reconfiguring their positions in the Treasury market following mild inflation data and dovish comments from a Federal Reserve official. This includes a shift from short positions in two-year notes to new long positions in five-year Treasuries, as investors anticipate potential rate cuts by mid-year. Recent open interest data highlights significant changes, with strategists recommending long positions in anticipation of possible rate cuts in March.
Source: YAHOO