UST BOND · CHICAGO BOARD OF TRADE · CFTC code 020601 · week ending 2026-10-06
Leveraged Money holds a net position of −189,678 contracts, or 10.0% of the 1,898,067 contracts of open interest, leaving the category net short. That is more than two standard deviations above its three-year average — positioning is stretched, and stretched positioning is fuel for a sharp unwind if the narrative changes (z = +2.42 and sits at 94 on a 0–100 scale of its three-year range). In contracts, the net position moved +61,717 while open interest moved +18,894 — new longs entering, with fresh money taking the long side as open interest grew alongside the position. That is +3.38pp as a share of open interest.
Leveraged Money · blue above the line is net long, red below is net short
The denominator. Positioning shares mean little without knowing whether the market itself is growing or shrinking.
Shaded beyond ±2σ. Measures how unusual today's share is for this market.
Rank within the 3-year range. Shaded below 10 and above 90.
Change in the net share week over week, in percentage points of open interest.
Net share of open interest by trader group. The groups net to zero — every long is someone's short.
The classic Commercial / Large Speculator split is not offered for financial futures. The CFTC's financial taxonomy (Dealer, Asset Manager, Leveraged Money) is a different cut rather than a subdivision of the legacy one, and no combination of its categories reproduces the legacy figures, so presenting one would be a guess.
| Week | Open interest | Net | Net % OI | Δ pp | Z | COT Idx |
|---|---|---|---|---|---|---|
| 2026-10-06 | 1,898,067 | −189,678 | -9.99% | 3.38 | 2.42 | 94 |
| 2026-09-29 | 1,879,173 | −251,395 | -13.38% | -4.79 | 1.83 | 81 |
| 2026-09-22 | 1,887,864 | −162,052 | -8.58% | 2.75 | 2.77 | 100 |
| 2026-09-15 | 1,867,442 | −211,735 | -11.34% | 4.03 | 2.30 | 94 |
| 2026-09-08 | 1,802,308 | −276,965 | -15.37% | 1.36 | 1.55 | 78 |
| 2026-09-01 | 1,811,513 | −303,045 | -16.73% | -2.28 | 1.30 | 73 |
| 2026-08-25 | 2,096,351 | −302,994 | -14.45% | 4.62 | 1.74 | 82 |
| 2026-08-18 | 1,894,436 | −361,383 | -19.08% | 0.51 | 0.89 | 64 |
| 2026-08-11 | 1,862,944 | −364,824 | -19.58% | 0.54 | 0.80 | 62 |
| 2026-08-04 | 1,869,874 | −376,226 | -20.12% | 0.82 | 0.71 | 60 |
| 2026-07-28 | 1,859,732 | −389,522 | -20.95% | 0.30 | 0.57 | 57 |
| 2026-07-21 | 1,842,498 | −391,386 | -21.24% | -1.40 | 0.52 | 55 |