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Commitments of Traders · Traders in Financial Futures, futures only

What positions do funds and dealers hold in Treasury futures?

In 10-year note futures, leveraged funds held a net short position of 2,107,224 contracts and asset managers a net long of 2,925,416 on (CFTC Commitments of Traders, released ).

Net positions in 10-year note futures each week: leveraged funds, asset managers and dealers, contracts

31 October 2023 to 20 October 2026Net is long less short, ours; contracts

Net positions in 10-year note futures each week: leveraged funds, asset managers and dealers, contracts (31 October 2023 to 20 October 2026)
Net positions in 10-year note futures each week: leveraged funds, asset managers and dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Leveraged funds−2,107,224
  • Asset managers+2,925,416
  • Dealers−682,228

Net positions in 2-year note futures each week: leveraged funds, asset managers and dealers, contracts

31 October 2023 to 20 October 2026Net is long less short, ours; contracts

Net positions in 2-year note futures each week: leveraged funds, asset managers and dealers, contracts (31 October 2023 to 20 October 2026)
Net positions in 2-year note futures each week: leveraged funds, asset managers and dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Leveraged funds−1,285,548
  • Asset managers+1,723,580
  • Dealers−494,117

Net positions in 5-year note futures each week: leveraged funds, asset managers and dealers, contracts

31 October 2023 to 20 October 2026Net is long less short, ours; contracts

Net positions in 5-year note futures each week: leveraged funds, asset managers and dealers, contracts (31 October 2023 to 20 October 2026)
Net positions in 5-year note futures each week: leveraged funds, asset managers and dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Leveraged funds−2,117,544
  • Asset managers+2,928,052
  • Dealers−850,470

Net positions in Treasury bond futures each week: leveraged funds, asset managers and dealers, contracts

31 October 2023 to 20 October 2026Net is long less short, ours; contracts

Net positions in Treasury bond futures each week: leveraged funds, asset managers and dealers, contracts (31 October 2023 to 20 October 2026)
Net positions in Treasury bond futures each week: leveraged funds, asset managers and dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Leveraged funds−162,757
  • Asset managers+388,007
  • Dealers−182,706

Each point is one week's net position, long contracts less short contracts, of one group of traders in one futures market, from the CFTC's Traders in Financial Futures report (futures only). Pointing at the chart shows the week and the value.

Select a line to followLatest:

Inspect and compare dates

The latest week of 10-year note futures beside the one before it and the nearest one a year earlier. Every market of the newest week, its groups and every week are in the tables under "The numbers behind the chart".

MeasureLatestThe week beforeA year earlier
Week
Open interest5,868,2955,819,5125,419,989
Leveraged funds, net−2,107,224−2,205,937−2,340,535
Asset managers, net+2,925,416+2,898,562+2,079,072
Dealers, net−682,228−632,813−35,726

Observed .

Right now

Leveraged funds held a net short position of 2,107,224 contracts in 10-year note futures in the week to , the largest net short since the week of .

Asset managers held a net long 2,925,416 contracts and dealers a net short 682,228 contracts in 10-year note futures that week.

See every week of the last three years

Open interest10-year note, week of 20 October 2026

Open interest was 5,868,295 contracts, +48,783 from the week before, held by 452 reporting traders.

See the long and short of each group

The other Treasury marketsLeveraged funds, net

2-year note net short 1,285,548 contracts, 5-year note net short 2,117,544 contracts and Ultra 10-year note net short 318,477 contracts.

Treasury bond net short 162,757 contracts and Ultra Treasury bond net short 804,808 contracts.

See every market's positions

Interest rate futuresLeveraged funds, net

3-month SOFR net short 2,373,040 contracts and 30-day fed funds net long 376,169 contracts.

Understanding the futures positions report

Where it stands today

Leveraged funds were net short 2,107,224 contracts in 10-year note futures in the week of 20 October 2026.

Who are the groups in the report?

The CFTC's Traders in Financial Futures report, one of its Commitments of Traders reports, gives the positions held in each financial futures market on a Tuesday, sorted by kind of trader: dealers and intermediaries, asset managers and institutional investors, leveraged funds, other reportable traders and traders below the reporting level. A position is a number of contracts, long or short; dealers, asset managers, leveraged funds and other reportables also report spread positions, which hold both.

Read more

The CFTC assigns each reporting trader to a group from the business the trader reports. This page uses the report's futures-only figures, which leave out options. The report gives the contract size of 10-year note futures as (CONTRACTS OF $100,000 FACE VALUE).

What 500metrics adds: net positions (long less short, which leave out spread positions), the change in open interest from the week before, and the last week a group's net position was larger on the same side.

The numbers behind the chart

What were the positions in each market?Week of 20 October 2026, contracts; net is ours
Open interest and net positions in each Treasury and interest rate futures market, week of 20 October 2026 (contracts; net is long less short, ours)
MarketOpen interestChangeLeveraged funds, netAsset managers, netDealers, netTraders
2-year note4,533,571−20,582−1,285,548+1,723,580−494,117494
5-year note6,715,851−158,353−2,117,544+2,928,052−850,470471
10-year note5,868,295+48,783−2,107,224+2,925,416−682,228452
Ultra 10-year note2,665,818+22,133−318,477+737,266−309,570235
Treasury bond1,785,457−64,270−162,757+388,007−182,706255
Ultra Treasury bond2,364,949−33,046−804,808+849,383−93,420220
3-month SOFR12,982,053+53,533−2,373,040−231,610+2,628,838861
30-day fed funds2,766,665+301,441+376,169−97,802−302,239177

The table scrolls sideways; the first column stays in place.

How were the 10-year note positions split between long and short?Week of 20 October 2026, contracts
Long and short positions of each group in 10-year note futures (UST 10Y NOTE - CHICAGO BOARD OF TRADE), week of 20 October 2026 (contracts)
GroupLongShortNet
Dealers and intermediaries119,383801,611−682,228
Asset managers and institutional3,675,600750,184+2,925,416
Leveraged funds567,5532,674,777−2,107,224
Other reportable traders176,143345,581−169,438
Nonreportable (below the reporting level)417,665384,191+33,474
What were the net positions in 10-year note futures each week?156 weeks, newest first, since 31 October 2023
Open interest and net positions in 10-year note futures by week, newest first (contracts; net is ours)
WeekOpen interestLeveraged funds, netAsset managers, netDealers, net
5,868,295−2,107,224+2,925,416−682,228
5,819,512−2,205,937+2,898,562−632,813
5,742,990−2,139,785+2,828,139−642,033
5,676,556−2,036,432+2,776,531−736,585
5,407,726−1,926,947+2,531,384−580,674
5,377,777−1,868,126+2,634,980−719,408
5,225,295−1,938,754+2,561,681−634,446
5,276,634−2,062,502+2,604,213−587,097
6,208,739−2,134,339+2,592,072−580,307
5,596,739−2,229,013+2,585,495−489,394
5,458,890−2,163,714+2,554,411−474,266
5,265,447−2,231,670+2,594,679−408,454
5,313,478−2,155,739+2,611,964−459,602
5,272,703−2,064,805+2,537,186−516,588
5,284,601−2,079,653+2,512,431−493,035
5,315,630−2,004,023+2,425,982−477,426
5,248,455−1,969,851+2,378,150−429,521
5,271,748−1,938,747+2,394,087−487,810
5,324,590−2,082,236+2,485,001−439,759
5,251,295−1,979,511+2,412,885−462,478
5,323,279−1,963,094+2,354,292−442,156
6,254,472−2,005,980+2,070,343−458,966
5,833,268−1,952,737+2,267,251−489,043
5,866,357−1,956,942+2,120,141−407,941
5,369,025−2,003,848+2,137,785−397,312
5,374,513−2,095,799+2,257,647−441,203
Show 130 more rows
WeekOpen interestLeveraged funds, netAsset managers, netDealers, net
5,213,875−2,040,275+2,200,370−398,656
5,187,440−2,009,971+2,213,257−394,403
5,123,122−1,975,685+2,217,237−420,554
5,152,796−1,955,731+2,165,718−376,807
5,163,104−1,848,765+2,040,423−392,078
5,279,072−1,934,928+2,087,270−357,053
5,324,068−1,878,928+2,044,727−299,853
5,466,660−1,922,569+2,098,536−234,766
5,968,025−1,987,780+2,160,726−252,211
5,721,555−2,060,250+2,260,813−334,656
5,500,736−2,030,917+2,146,159−325,236
5,495,119−2,089,125+2,029,644−277,719
5,690,843−2,154,162+1,993,454−178,778
5,749,730−2,092,224+1,887,694−139,655
5,709,182−2,270,861+2,180,695−152,392
5,536,100−2,335,739+2,219,683−125,827
5,500,186−2,358,137+2,199,205−88,925
5,569,530−2,298,327+2,086,532−120,549
5,426,319−2,266,021+2,020,085−116,840
5,513,724−2,281,123+2,070,630−123,928
5,637,723−2,254,098+2,119,086−111,484
6,045,379−2,359,316+2,252,253−146,264
5,779,841−2,361,611+2,244,936−190,476
5,558,246−2,286,700+2,143,361−124,648
5,470,709−2,296,028+2,123,471−124,158
5,564,280−2,359,385+2,166,212−114,092
5,500,348−2,384,452+2,163,891−48,968
5,419,989−2,340,535+2,079,072−35,726
5,399,662−2,316,763+2,045,065−71,312
5,462,258−2,279,994+2,075,101−73,889
5,478,034−2,341,844+2,176,808−125,519
5,412,553−2,403,273+2,236,375−118,869
5,268,466−2,419,070+2,252,089−88,124
5,209,519−2,527,940+2,462,553−218,880
5,640,455−2,534,616+2,468,376−230,456
5,340,625−2,416,960+2,429,667−296,286
5,339,441−2,330,152+2,310,930−276,191
5,127,634−2,246,539+2,211,387−228,894
4,958,488−2,198,442+2,171,711−275,653
4,823,425−1,930,160+2,055,288−241,740
4,896,544−1,973,587+2,134,154−305,939
4,920,617−2,058,285+2,194,482−307,921
5,050,378−2,034,339+2,258,121−329,315
4,918,411−1,914,401+2,075,162−361,532
4,826,555−2,017,296+2,149,889−357,559
4,731,813−1,943,256+2,060,633−345,450
4,772,482−1,951,663+2,093,774−325,818
5,252,377−1,926,261+2,023,845−446,472
5,230,886−1,947,316+2,101,958−403,563
5,157,374−1,939,006+2,162,979−450,107
4,996,132−2,036,362+2,214,991−381,649
4,880,010−1,833,361+2,061,024−406,297
4,730,339−1,776,947+2,071,820−485,191
4,760,884−1,810,877+2,082,434−540,890
4,891,164−1,873,687+2,058,426−403,278
4,893,505−1,640,413+1,786,183−254,115
4,922,788−1,555,862+1,719,925−261,534
4,868,495−1,592,771+1,712,963−254,241
4,699,017−1,433,107+1,625,161−329,140
4,708,642−1,419,898+1,568,913−261,711
5,212,386−1,331,499+1,527,119−293,427
5,239,067−1,382,671+1,517,722−392,735
4,935,773−1,544,749+1,564,375−317,478
4,900,888−1,510,018+1,592,848−344,528
4,883,910−1,560,747+1,734,901−396,199
4,750,425−1,352,030+1,670,257−435,304
4,707,226−1,267,611+1,633,891−497,044
4,642,754−1,440,183+1,666,242−448,460
4,513,677−1,502,903+1,636,438−387,203
4,475,673−1,472,467+1,588,029−433,522
4,467,512−1,621,206+1,565,208−303,981
4,447,413−1,707,673+1,563,574−199,570
4,499,899−1,691,020+1,548,265−165,833
4,875,307−1,709,404+1,593,071−235,080
4,749,048−1,661,474+1,607,295−258,170
4,596,584−1,757,712+1,623,824−289,055
4,566,389−1,831,627+1,665,837−272,870
4,602,714−1,966,490+1,783,280−245,282
4,660,932−1,927,814+1,704,124−236,800
4,704,588−1,930,828+1,640,219−177,408
4,829,995−2,035,131+1,719,545−142,393
4,969,440−2,160,620+1,752,959−23,496
4,942,174−2,060,845+1,710,021−80,104
4,899,345−2,084,392+1,635,513−28,278
4,778,914−1,965,436+1,573,993−66,177
4,805,543−1,939,125+1,516,835−147,036
5,451,431−1,932,604+1,506,089−156,869
5,283,780−2,184,910+1,730,945−162,946
5,028,427−2,009,096+1,665,715−218,777
4,887,707−1,816,037+1,560,706−223,808
4,754,113−1,743,705+1,622,760−292,512
4,585,511−1,530,969+1,417,956−330,356
4,556,483−1,503,126+1,416,672−305,705
4,502,656−1,302,100+1,340,501−362,912
4,374,310−1,244,326+1,311,627−366,563
4,329,856−1,206,820+1,232,091−316,077
4,344,688−1,202,392+1,192,993−287,155
4,308,305−1,127,509+1,144,467−333,081
4,413,936−1,248,696+1,214,934−287,009
4,901,854−1,255,884+1,245,854−339,627
4,560,180−1,268,695+1,313,335−321,334
4,442,230−1,235,872+1,362,873−381,912
4,412,228−1,354,668+1,420,906−329,303
4,415,393−1,233,815+1,392,025−382,833
4,487,283−1,132,175+1,321,170−401,957
4,435,697−1,066,372+1,256,778−444,406
4,361,513−1,237,293+1,182,487−277,020
4,384,695−1,313,167+1,235,188−240,550
4,328,921−1,275,366+1,159,168−226,152
4,286,273−1,226,336+1,117,271−262,335
4,253,098−1,233,958+1,119,957−238,254
4,277,776−1,243,275+1,224,054−231,400
4,532,179−1,353,844+1,200,854−284,124
4,819,493−1,439,192+1,298,208−304,788
4,735,241−1,493,150+1,299,102−254,374
4,707,907−1,595,991+1,384,951−209,333
4,733,002−1,676,871+1,430,489−155,499
4,644,740−1,577,538+1,404,143−226,719
4,744,714−1,576,936+1,388,546−155,760
4,652,295−1,507,707+1,313,816−163,969
4,620,698−1,538,128+1,342,287−160,488
4,589,883−1,465,954+1,298,363−153,297
4,553,512−1,400,584+1,237,983−202,393
4,475,716−1,325,897+1,205,953−244,369
4,536,418−1,326,928+1,233,946−165,720
4,775,113−1,454,551+1,278,860−148,675
4,958,141−1,455,470+1,204,634−126,287
4,743,217−1,457,787+1,239,608−149,035
4,626,236−1,372,438+1,275,478−216,936
4,691,536−1,439,941+1,408,588−207,977

The table scrolls sideways; the first column stays in place.

What do these figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

  • Positions are those of the Tuesday the report is dated; the CFTC released the report on 23 October 2026.
  • A trader's group comes from the CFTC's own classification. Nonreportable positions are open interest less the reportable positions.
  • Net positions leave out spread positions, so a group's long and short do not account for all of its contracts.
  • Our collector holds the report from 13 June 2006 for this market; the CFTC can revise a week in a later report, and our collector keeps the earlier figure.

Observed . Checked .

How to cite this

U.S. Commodity Futures Trading Commission, Commitments of Traders, Traders in Financial Futures report (futures only), week of 20 October 2026, released 23 October 2026. Compiled by 500metrics, "What positions do funds and dealers hold in Treasury futures?", https://500metrics.com/treasury/futures-positions.

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