U.S. Treasury 10-year, 2-year futures' net shorts decline in latest week -CFTC

BY Reuters | ECONOMIC | 07/01/22 04:01 PM EDT

NEW YORK, July 1 (Reuters) - Speculators reduced bearish bets on benchmark U.S. Treasury 10-year and two-year note futures, roughly more than a week after the Federal Open Market Committee (FOMC) announced a 75 basis points interest rate hike, Commodity Futures Trading Commission data showed on Friday.

U.S. 10-year note futures' net shorts hit 181,680 contracts in the week ended June 28, the lowest since mid-May. A week earlier, speculators held net short contracts of 228,184 in 10-year note futures.

Net shorts on U.S. Treasury two-year note futures also fell in the latest week with 102,118 contracts, the smallest net short since late May. (Reporting by Gertrude Chavez-Dreyfuss; editing by Jonathan Oatis)

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