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FIG 01 — RATES · ZN

US 10Y T-Note Positioning

Leveraged Funds net

-2,064,805

WoW change

+14,848

Open interest

5,272,703

3Y index

32

52w: 69

FIG 02 — NET POSITIONING · 3 YEARS · SHADED = 52W SPEC RANGE

Leveraged FundsAsset Managers
+0k-2534.6k+2537.2k2023-04-252026-07-21

FIG 03 — WEEK-OVER-WEEK CHANGE · LEVERAGED FUNDS · 26 WEEKS

02026-01-272026-07-21

FIG 04 — READ

What this week's report says

Leveraged funds cut 5,621 long contracts and cut 20,469 short contracts in US 10Y T-Note this week — a net bullish shift of +14,848 contracts. They remain net short overall.

Open interest fell while positioning shifted — traders are closing exposure rather than adding, which weakens the signal.

Data as of Tue 2026-07-21 · source CFTC Traders in Financial Futures report · next update 2026-07-31