Bond futures the latest CFTC report shows

The latest CFTC report shows speculative net longs in bond futures reaching a six-month high. This positioning reflects the consensus expectation of lower yields into year-end. In a more-than-1,200 word post made to X on Sept. 23, Ramsey, who represents Precinct 3, accused the Chronicle of conspiring to frame engineering firms that gave to his campaign negatively in a bid to drive subscriptions. Long basis positions have recently benefited from a confluence of favorable conditions: sustained availability of dealer intermediation capacity, higher volatility, rising yields, curve steepening and, in some cases, falling short-term rates. All were notable following the announcement of plans for sharply higher U.S. tariffs on April 2, 2025. Macro hedge funds have increased leverage in bond futures trades, anticipating a wave of central bank easing. With global PMI data slowing, the setup favors continued upward price pressure.