Ultra UST 10Y (CBOT)
Ultra 10-Year positioning
Price series: Ultra 10Y futures (front month) · positions as of Tuesday Nov 3, 2026, published Friday Nov 6, 2026
This week · published Nov 6, 2026
Ultra 10-Year, week of Nov 3, 2026: Leveraged funds sit at the 48th percentile of their 3-year range. They added 156 net long contracts on the week. 8-week signal: no signal.
Neither price nor positioning has moved enough this window to say anything.
Price vs positioning (contracts)
Price on top, and what the big traders were holding underneath it.
Left axis: net position in contracts. Right axis: price (Ultra 10Y futures (front month)). Net position = long contracts minus short contracts. Above the zero line = net long.
Heads up: leveraged-fund shorts in Treasury futures are largely the hedge leg of the cash-futures basis trade, not a directional bet against bonds. Read the level as crowded leverage, and use asset managers for a directional read. Why this matters →
More in Rates
Source: CFTC Commitments of Traders — positions as of Tuesday, published the following Friday. All position figures are futures contracts unless the % of open interest view is selected. Positioning is a sentiment tool, not a timing signal. Not investment advice.