ULTRA UST 10Y COT report
ULTRA UST 10Y - CHICAGO BOARD OF TRADE positioning from the CFTC Legacy report. Net positions equal long contracts minus short contracts. Commercial, non-commercial and non-reportable classifications describe participants; they are not buy or sell signals.
Positions as of 2026-10-27. Open interest: 2607835 contracts. This is the latest stored observation, not live trading data.
How are traders positioned?
| Category | Long | Short | Net contracts |
|---|---|---|---|
| Non-commercial | 278457 | 380662 | -102205 |
| Commercial | 2059485 | 1887562 | 171923 |
| Non-reportable | 234200 | 303918 | -69718 |
Non-commercial percentile: 88 across 103 stored observations. This is the share of sampled net positions at or below the latest value, not a price forecast.
Position history in contracts
| Observation date | Non-commercial net |
|---|---|
| 2026-10-27 | -102205 |
| 2026-10-20 | -149347 |
| 2026-10-13 | -212481 |
| 2026-10-06 | -159643 |
| 2026-09-29 | -148115 |
| 2026-09-22 | -208981 |
| 2026-09-15 | -209690 |
| 2026-09-08 | -189538 |
| 2026-09-01 | -195222 |
| 2026-08-25 | -140825 |
| 2026-08-18 | -103196 |
| 2026-08-11 | -106764 |
| 2026-08-04 | -133019 |
| 2026-07-28 | -116301 |
| 2026-07-21 | -137632 |
| 2026-07-14 | -145636 |
| 2026-07-07 | -148144 |
| 2026-06-30 | -137029 |
| 2026-06-23 | -120834 |
| 2026-06-16 | -113147 |
| 2026-06-09 | -117107 |
| 2026-06-02 | -183090 |
| 2026-05-26 | -115530 |
| 2026-05-19 | -114954 |
| 2026-05-12 | -89901 |
| 2026-05-05 | -105160 |
| 2026-04-28 | -27840 |
| 2026-04-21 | -73195 |
| 2026-04-14 | -132873 |
| 2026-04-07 | -161387 |
| 2026-03-31 | -167212 |
| 2026-03-24 | -178553 |
| 2026-03-17 | -205794 |
| 2026-03-10 | -197627 |
| 2026-03-03 | -145020 |
| 2026-02-24 | -55263 |
| 2026-02-17 | -100029 |
| 2026-02-10 | -153311 |
| 2026-02-03 | -185818 |
| 2026-01-27 | -229874 |
| 2026-01-20 | -235282 |
| 2026-01-13 | -249202 |
| 2026-01-06 | -261928 |
| 2025-12-30 | -281049 |
| 2025-12-23 | -288821 |
| 2025-12-16 | -292983 |
| 2025-12-09 | -350238 |
| 2025-12-02 | -376974 |
| 2025-11-25 | -284519 |
| 2025-11-18 | -318507 |
| 2025-11-10 | -328261 |
| 2025-11-04 | -342205 |
| 2025-10-28 | -327930 |
| 2025-10-21 | -325726 |
| 2025-10-14 | -281478 |
| 2025-10-07 | -309574 |
| 2025-09-30 | -300640 |
| 2025-09-23 | -258787 |
| 2025-09-16 | -266822 |
| 2025-09-09 | -274924 |
| 2025-09-02 | -334876 |
| 2025-08-26 | -328671 |
| 2025-08-19 | -339150 |
| 2025-08-12 | -360321 |
| 2025-08-05 | -359622 |
| 2025-07-29 | -346994 |
| 2025-07-22 | -393327 |
| 2025-07-15 | -379116 |
| 2025-07-08 | -408278 |
| 2025-07-01 | -394234 |
| 2025-06-24 | -367108 |
| 2025-06-17 | -347685 |
| 2025-06-10 | -369282 |
| 2025-06-03 | -371588 |
| 2025-05-27 | -298263 |
| 2025-05-20 | -328444 |
| 2025-05-13 | -319607 |
| 2025-05-06 | -283697 |
| 2025-04-29 | -221689 |
| 2025-04-22 | -167888 |
| 2025-04-15 | -148399 |
| 2025-04-08 | -152350 |
| 2025-04-01 | -105983 |
| 2025-03-25 | -84487 |
| 2025-03-18 | -87044 |
| 2025-03-11 | -52153 |
| 2025-03-04 | -74193 |
| 2025-02-25 | -52957 |
| 2025-02-18 | -91433 |
| 2025-02-11 | -85574 |
| 2025-02-04 | -115563 |
| 2025-01-28 | -109479 |
| 2025-01-21 | -172524 |
| 2025-01-14 | -140232 |
| 2025-01-07 | -133387 |
| 2024-12-31 | -161445 |
| 2024-12-24 | -143358 |
| 2024-12-17 | -112485 |
| 2024-12-10 | -106082 |
| 2024-12-03 | -163297 |
| 2024-11-26 | -119464 |
| 2024-11-19 | -171268 |
| 2024-11-12 | -156791 |
Historical AI commentary — 2026-07-07
This commentary is dated separately from the positioning table. It may describe an earlier market environment.
Ultra 10Y Treasury positioning is at historic extremes with asset managers and speculative traders at their 100th percentile net long and dealers at their 0th percentile net short. However, the 12-week trend for both speculative and dealer positions is flat to slightly down, indicating a trend-percentile divergence where extreme levels are not being driven by active accumulation. This suggests ...
How should this COT report be used?
Use positioning to understand exposure and crowded trades alongside price, liquidity and risk controls. Weekly reports generally describe Tuesday positions released on Friday, subject to the CFTC schedule. Classifications differ in TFF and Disaggregated reports. Compare like-for-like formats and dates.
Open interactive charts · Trader category guide · Report formats