Speculators reduce bearish positions on 10-year Treasury note

FXStreet (Mumbai) - As per the data released by the US Commodity Futures Trading Commission (CFTC) showed, speculators reduced their overall bearish positions last week.

The non-commercial futures contracts of the 10-year treasury notes witnessed a weekly change of +54,801 net contracts to total a net position of -98,565 contracts. Long positions in 10-year futures rose by 40,363 contracts, while short positions fell by 14,438 contracts.

Meanwhile, during the reporting time period - April 21st to April 28th - the yield on the 10-Year treasury note rose from 1.92% to 2.00%.