UST 10Y NOTE COT Report, Traders in Financial Futures
Wednesday, October 28, 2026
Leveraged Funds net -2,107,224 contracts in UST 10Y NOTE, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Traders in Financial Futures
Basis
Futures only
Market
UST 10Y NOTE - CHICAGO BOARD OF TRADE
CFTC contract code
043602
Contract unit
Contracts Of $100,000 Face Value
Open interest, contracts
5,868,295
Change in open interest, contracts
+48,783
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Dealer/Intermediary
119,383
801,611
16,312
-682,228
2.0
13.7
-11.6
Asset Manager/Institutional
3,675,600
750,184
729,094
+2,925,416
62.6
12.8
49.9
Leveraged Funds
567,553
2,674,777
163,942
-2,107,224
9.7
45.6
-35.9
Other Reportables
176,143
345,581
2,603
-169,438
3.0
5.9
-2.9
Total reportable
5,450,630
5,484,104
-
-33,474
92.9
93.5
-0.6
Nonreportable
417,665
384,191
-
+33,474
7.1
6.5
0.6
Leveraged Funds: position against its own history
Weekly net, last 156 reports
Leveraged Funds net, contracts
-2,107,224
Week change
+98,713
4-week change
-180,277
13-week change
-42,419
Net as % of open interest
-35.9%
Percentile, 1 year (52 weeks)
40
Percentile, 3 years (156 weeks)
23
Z-score, 52 weeks
-0.08
COT Index, 3 years
29
52-week high of net
-1,848,765
52-week low of net
-2,361,611
Traders and concentration
Category
Traders long
Traders short
Dealer/Intermediary
21
42
Asset Manager/Institutional
146
55
Leveraged Funds
58
92
Other Reportables
21
17
Total reportable
316
304
Largest 4 traders, gross long
31.5%
Largest 4 traders, gross short
18.5%
Largest 8 traders, gross long
41.0%
Largest 8 traders, gross short
28.4%
Largest 4 traders, net long
28.0%
Largest 4 traders, net short
18.5%
Largest 8 traders, net long
36.6%
Largest 8 traders, net short
26.9%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Dealer/Intermediary
103,245
729,166
399,348
-625,921
1.4
9.9
-8.5
Asset Manager/Institutional
3,658,458
702,801
889,694
+2,955,657
49.6
9.5
40.1
Leveraged Funds
407,115
2,620,379
1,214,234
-2,213,264
5.5
35.5
-30.0
Other Reportables
184,525
335,018
69,147
-150,493
2.5
4.5
-2.0
Total reportable
6,925,765
6,959,787
-
-34,022
93.9
94.4
-0.5
Nonreportable
448,041
414,019
-
+34,022
6.1
5.6
0.5
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Recent reports, net by category
Report date
Open interest
Dealer/Intermediary
Asset Manager/Institutional
Leveraged Funds
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
5,868,295
-682,228
+2,925,416
-2,107,224
-169,438
-33,474
+33,474
Tue 13 Oct 2026
5,819,512
-632,813
+2,898,562
-2,205,937
-105,348
-45,536
+45,536
Tue 6 Oct 2026
5,742,990
-642,033
+2,828,139
-2,139,785
-72,754
-26,433
+26,433
Tue 29 Sep 2026
5,676,556
-736,585
+2,776,531
-2,036,432
-52,287
-48,773
+48,773
Tue 22 Sep 2026
5,407,726
-580,674
+2,531,384
-1,926,947
-9,480
+14,283
-14,283
Tue 15 Sep 2026
5,377,777
-719,408
+2,634,980
-1,868,126
-44,179
+3,267
-3,267
Tue 8 Sep 2026
5,225,295
-634,446
+2,561,681
-1,938,754
+14,908
+3,389
-3,389
Tue 1 Sep 2026
5,276,634
-587,097
+2,604,213
-2,062,502
+21,492
-23,894
+23,894
Tue 25 Aug 2026
6,208,739
-580,307
+2,592,072
-2,134,339
+58,624
-63,950
+63,950
Tue 18 Aug 2026
5,596,739
-489,394
+2,585,495
-2,229,013
+100,336
-32,576
+32,576
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Traders in Financial Futures report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.