Duration, curve, Factors and crowding — the rates book. Charts live in the chartbook.
Treasury positioning
CFTC Traders in Financial Futures. Net long a note/bond future is long duration. Windows are weekly reports, sample sigma, n−1 — same arithmetic as FX positioning. Print is Friday 15:30 ET for the prior Tuesday.
report 2026-10-06 · 10d · next drop 2026-10-16 15:30 ET
ContractBookz window
ZT = CBOT 2-Year T-Note · ZF = CBOT 5-Year T-Note · ZN = CBOT 10-Year T-Note · TN = CBOT Ultra 10-Year T-Note · ZB = CBOT U.S. Treasury Bond · UB = CBOT Ultra U.S. Treasury Bond · SR3 = CME 3-Month SOFR · FF = CBOT 30-Day Fed Funds
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report 2026-10-06| Contract | 52w | Net | 1w | % OI | 13w | 26w | 52w | 90w | 104w | 156w |
|---|---|---|---|---|---|---|---|---|---|---|
| ZT2Y note | -1,257,484 | -91,504 | -28.0% | +0.63 | +1.17 | +1.81 | +2.36 | +2.25 | +1.94 | |
| ZF5Y note | -2,127,567 | -141,780 | -31.5% | -0.30 | +0.42 | +1.02 | +1.52 | +1.62 | +1.10 | |
| ZN10Y note | -2,139,785 | -103,353 | -37.3% | -0.53 | -1.06 | -0.23 | -0.41 | -0.54 | -0.86 | |
| TNUltra 10Y | -319,061 | 9,410 | -12.3% | +1.82 | +0.08 | +0.31 | +0.33 | +0.16 | -0.30 | |
| ZBBond | -189,678 | 61,717 | -10.0% | +1.43 | +1.64 | +1.99 | +1.99 | +2.08 | +2.29 | |
| UBUltra bond | -726,257 | 82,613 | -30.2% | +2.57 | +3.22 | +0.62 | -0.24 | -0.35 | -0.50 | |
| FFFed funds | 144,379 | 64,126 | 6.2% | +1.19 | +0.96 | +0.41 | +0.86 | +0.95 | +1.25 | |
| SR33M SOFR | -2,353,716 | 56,627 | -18.6% | +1.52 | -0.19 | -0.96 | -1.48 | -1.52 | -1.69 |
ZN · 10Y note yield vs z
Mildly Short · 5.27%- Yield %
- z 13w
