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Live CFTC

Ust 2Y Note - Chicago Board Of Trade

042601
RatesTFF

Signal state

Bearish-26

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+30 pts

Target Exposure

-26%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Ust 2Y Note - Chicago Board Of TradeLeveraged Funds — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max552,5962,772,331+95,948+234,811-1,772,557+130,50812.2%61.2%4,960,871
Min362,0382,137,999-151,974-161,157-2,299,260-212,7847.4%43.1%4,331,344
13 Per. Avg418,5532,447,754-7,030-25,168-2,029,201+18,1398.9%51.8%4,728,505
Jun 2, 2026362,0382,175,049-3,404+37,050-1,813,011-40,4548.4%50.2%4,331,344
May 26, 2026365,4422,137,999-51,562-157,637-1,772,557+106,0757.4%43.1%4,960,871
May 19, 2026417,0042,295,636+9,184-60,013-1,878,632+69,1978.4%46.5%4,938,650
May 12, 2026407,8202,355,649-6,357-93,003-1,947,829+86,6468.5%49.1%4,796,510
May 5, 2026414,1772,448,652+4,349-79,184-2,034,475+83,5338.7%51.6%4,747,995
Apr 28, 2026409,8282,527,836-4,711+7,324-2,118,008-12,0358.6%53.4%4,737,135
Apr 21, 2026414,5392,520,512+18,038+44,811-2,105,973-26,7738.8%53.7%4,696,151
Apr 14, 2026396,5012,475,701-73,888-142,517-2,079,200+68,6298.4%52.7%4,697,992
Apr 7, 2026470,3892,618,218-11,477-32,400-2,147,829+20,92310.0%55.6%4,705,605
Mar 31, 2026481,8662,650,618+48,146-82,362-2,168,752+130,50810.2%56.1%4,722,869
Mar 24, 2026433,7202,732,980+22,027+234,811-2,299,260-212,7849.1%57.3%4,770,492
Mar 17, 2026411,6932,498,169-44,483+114,388-2,086,476-158,8718.7%52.7%4,737,969
Mar 10, 2026456,1762,383,781+2,749-118,458-1,927,605+121,2079.9%51.5%4,626,984
Mar 3, 2026453,4272,502,239+2,906-15,728-2,048,812+18,63410.1%55.7%4,492,471
Feb 24, 2026450,5212,517,967-49,689-116,768-2,067,446+67,0799.7%54.2%4,642,084
Feb 17, 2026500,2102,634,735-27,003-15,706-2,134,525-11,29710.6%55.9%4,716,741
Feb 10, 2026527,2132,650,441+8,727+16,778-2,123,228-8,05111.2%56.5%4,693,102
Feb 3, 2026518,4862,633,663-6,593-3,475-2,115,177-3,11811.2%56.7%4,645,002
Jan 27, 2026525,0792,637,138+61,039-11,360-2,112,059+72,39911.4%57.2%4,609,078
Jan 20, 2026464,0402,648,498+95,948+42,313-2,184,458+53,63510.1%57.8%4,579,822
Jan 13, 2026368,0922,606,185-151,974-161,157-2,238,093+9,1838.2%58.3%4,470,073
Jan 6, 2026520,0662,767,342-32,530-4,989-2,247,276-27,54111.4%60.6%4,567,965
Dec 30, 2025552,5962,772,331+28,218+41,024-2,219,735-12,80612.2%61.2%4,530,789
Dec 23, 2025524,3782,731,307+36,463+19,317-2,206,929+17,14611.7%60.7%4,497,131
Dec 16, 2025487,9152,711,990-12,417+82,524-2,224,075-94,94110.9%60.8%4,457,931
Dec 9, 2025500,3322,629,466+0+0-2,129,134+011.3%59.6%4,412,638

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Jun 2, 2026(Latest)
Open interest: 4,331,344 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Leveraged Funds

Reference group used for the main bias model

362,0382,175,049-1,813,011+8.4%+50.2%-41.9%-40,454

Asset Manager

2,640,094681,3241,958,770+61.0%+15.7%+45.2%-32,535

Dealer Intermediary

140,799470,418-329,619+3.3%+10.9%-7.6%+49,798

Other Reportables

315,775166,345149,430+7.3%+3.8%+3.5%+43,334

Nonreportable

210,826176,39634,430+4.9%+4.1%+0.8%-20,143

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

Bearish positioning is building. This week's COT print is more bearish than the prior week.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are fighting the current positioning.

Crowding

Positioning is noticeable but not yet extreme.

Current positioning

Bearish positioning is building. Positioning is noticeable but not yet extreme. Leveraged Funds is currently net short by 1,813,011 contracts.

Macro regime

Macro signals are modestly supportive for Ust 2Y Note - Chicago Board Of Trade.

Replay summary

Constructive bearish regime. Bearish positioning is building. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are fighting the current positioning.

Risk layer

Veto reasons and caution flags

These are the conditions that reduce conviction even when the raw positioning signal looks strong.

Price trend does not confirm positioning.
Macro environment is not supportive.