Bonds / Rates — COT Reports
Select an instrument to view its full COT positioning chart and analysis.
Treasury and interest-rate COT reports track positioning in 2Y, 5Y, 10Y and 30Y Treasury futures on the CBOT, plus Fed Funds and Eurodollar contracts. The 10Y Treasury COT is the definitive institutional read on duration and yield expectations, while the 2Y reflects near-term Fed policy pricing. Speculative net-short positioning in Treasuries has historically coincided with yield peaks, and extreme net longs have marked rate lows. Commercial hedgers (banks, broker-dealers) provide balance-sheet hedging flow. Weekly changes in Treasury COT positioning are a leading indicator of the bond market's directional bias heading into FOMC meetings and CPI releases.