10-Year T-Note COT Report
CFTC Commitments of Traders · positions as of Tuesday 2026-10-20, released Oct 23, 2026 (the CFTC reports each Tuesday's close three days later) · next release Oct 30, 2026 (regular cycle; see the release schedule for holiday shifts)
10-Year T-Note positioning leans bullish - commercials buying (26w index 87).
How this read is built
- Commercials (hedgers) are net long and sit near the top of their 26-week range (COT index 87) - a bullish tilt in the traditional read.
A description of how traders are positioned versus their own history - the standard Commitments of Traders interpretation, computed identically for every market. It is not a price forecast, a trading signal, or advice. How traders use positioning · how the read is computed.
As of the COT report, large speculators are net short 964,293 10-Year T-Note futures contracts (up 23,809 week-over-week), commercials are net long 930,819, and open interest is 5,868,295 contracts. Leveraged funds were net short 2,107,224 contracts as of (up 98,713 week-over-week), holding 567,553 long and 2,674,777 short.
Cite this data
FuturesBench, "10-Year T-Note COT Report," data as of 2026-10-20. https://futuresbench.com/cot/10-year-treasury/#net-position Source: CFTC Commitments of Traders (public domain). CSV: https://futuresbench.com/data/cot/10-year-treasury.csv
Embed this chart
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Positioning - as of Tuesday 2026-10-20
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | -964,293 | +23,809 | -16.4% | 11.5 | 5.3 | 21.5 |
| Commercials | 930,819 | -11,747 | 15.9% | 87.1 | 87.1 | 91.0 |
| Small traders | 33,474 | -12,062 | 0.6% | 16.1 | 16.1 | 18.3 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Traders in Financial Futures report - positions as of Tue 2026-10-20
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Dealer/intermediary | -682,228 | -49,415 | -11.6% | 16.0 | 8.4 | 7.6 |
| Asset manager | 2,925,416 | +26,854 | 49.9% | 100.0 | 100.0 | 100.0 |
| Leveraged funds | -2,107,224 | +98,713 | -35.9% | 34.2 | 49.6 | 29.1 |
| Other reportables | -169,438 | -64,090 | -2.9% | 0.0 | 0.0 | 0.0 |
| Small traders | 33,474 | -12,062 | 0.6% | 16.1 | 16.1 | 18.3 |
Full Traders in Financial Futures report history: CSV · switch the chart above to this report family for the full series.
10-Year T-Note leveraged funds positions, week by week
Leveraged funds long, short and net position in 10-Year T-Note futures for the last 26 weekly COT reports (positions as of each Tuesday), from the CFTC Traders in Financial Futures futures-only report. Short = long minus net; spread positions are excluded from both.
| Report date | Leveraged funds long | Leveraged funds short | Leveraged funds net | Weekly change | Asset managers net | Dealers net |
|---|---|---|---|---|---|---|
| 567,553 | 2,674,777 | -2,107,224 | +98,713 | 2,925,416 | -682,228 | |
| 489,362 | 2,695,299 | -2,205,937 | -66,152 | 2,898,562 | -632,813 | |
| 510,611 | 2,650,396 | -2,139,785 | -103,353 | 2,828,139 | -642,033 | |
| 510,579 | 2,547,011 | -2,036,432 | -109,485 | 2,776,531 | -736,585 | |
| 468,569 | 2,395,516 | -1,926,947 | -58,821 | 2,531,384 | -580,674 | |
| 440,415 | 2,308,541 | -1,868,126 | +70,628 | 2,634,980 | -719,408 | |
| 391,836 | 2,330,590 | -1,938,754 | +123,748 | 2,561,681 | -634,446 | |
| 376,506 | 2,439,008 | -2,062,502 | +71,837 | 2,604,213 | -587,097 | |
| 316,808 | 2,451,147 | -2,134,339 | +94,674 | 2,592,072 | -580,307 | |
| 352,319 | 2,581,332 | -2,229,013 | -65,299 | 2,585,495 | -489,394 | |
| 341,893 | 2,505,607 | -2,163,714 | +67,956 | 2,554,411 | -474,266 | |
| 270,266 | 2,501,936 | -2,231,670 | -75,931 | 2,594,679 | -408,454 | |
| 309,480 | 2,465,219 | -2,155,739 | -90,934 | 2,611,964 | -459,602 | |
| 382,342 | 2,447,147 | -2,064,805 | +14,848 | 2,537,186 | -516,588 | |
| 387,963 | 2,467,616 | -2,079,653 | -75,630 | 2,512,431 | -493,035 | |
| 417,214 | 2,421,237 | -2,004,023 | -34,172 | 2,425,982 | -477,426 | |
| 354,091 | 2,323,942 | -1,969,851 | -31,104 | 2,378,150 | -429,521 | |
| 328,812 | 2,267,559 | -1,938,747 | +143,489 | 2,394,087 | -487,810 | |
| 298,774 | 2,381,010 | -2,082,236 | -102,725 | 2,485,001 | -439,759 | |
| 349,939 | 2,329,450 | -1,979,511 | -16,417 | 2,412,885 | -462,478 | |
| 398,043 | 2,361,137 | -1,963,094 | +42,886 | 2,354,292 | -442,156 | |
| 405,403 | 2,411,383 | -2,005,980 | -53,243 | 2,070,343 | -458,966 | |
| 413,821 | 2,366,558 | -1,952,737 | +4,205 | 2,267,251 | -489,043 | |
| 378,452 | 2,335,394 | -1,956,942 | +46,906 | 2,120,141 | -407,941 | |
| 325,504 | 2,329,352 | -2,003,848 | +91,951 | 2,137,785 | -397,312 | |
| 341,888 | 2,437,687 | -2,095,799 | -55,524 | 2,257,647 | -441,203 |
Every week back to 2006: 10-Year T-Note TFF CSV.
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-10-20 | 5,868,295 | -964,293 | +23,809 | 930,819 | -11,747 | 33,474 |
| 2026-10-13 | 5,819,512 | -988,102 | -91,621 | 942,566 | +72,518 | 45,536 |
| 2026-10-06 | 5,742,990 | -896,481 | +4,134 | 870,048 | +18,206 | 26,433 |
| 2026-09-29 | 5,676,556 | -900,615 | -88,863 | 851,842 | +25,807 | 48,773 |
| 2026-09-22 | 5,407,726 | -811,752 | +9,484 | 826,035 | +1,532 | -14,283 |
| 2026-09-15 | 5,377,777 | -821,236 | +13,547 | 824,503 | -13,669 | -3,267 |
| 2026-09-08 | 5,225,295 | -834,783 | +74,492 | 838,172 | -47,209 | -3,389 |
| 2026-09-01 | 5,276,634 | -909,275 | -70,300 | 885,381 | +110,356 | 23,894 |
| 2026-08-25 | 6,208,739 | -838,975 | +107,986 | 775,025 | -139,360 | 63,950 |
| 2026-08-18 | 5,596,739 | -946,961 | -31,908 | 914,385 | +374 | 32,576 |
| 2026-08-11 | 5,458,890 | -915,053 | +64,190 | 914,011 | -81,405 | 1,042 |
| 2026-08-04 | 5,265,447 | -979,243 | -103,124 | 995,416 | +105,149 | -16,173 |
| 2026-07-28 | 5,313,478 | -876,119 | +3,587 | 890,267 | +149 | -14,148 |
| 2026-07-21 | 5,272,703 | -879,706 | -48,031 | 890,118 | +86,529 | -10,412 |
| 2026-07-14 | 5,284,601 | -831,675 | -17,413 | 803,589 | +10,318 | 28,086 |
| 2026-07-07 | 5,315,630 | -814,262 | -5,371 | 793,271 | +3,889 | 20,991 |
| 2026-06-30 | 5,248,455 | -808,891 | +26,375 | 789,382 | -36,812 | 19,509 |
| 2026-06-23 | 5,271,748 | -835,266 | +75,816 | 826,194 | -65,137 | 9,072 |
| 2026-06-16 | 5,324,590 | -911,082 | -47,275 | 891,331 | +26,636 | 19,751 |
| 2026-06-09 | 5,251,295 | -863,807 | -34,232 | 864,695 | +42,953 | -888 |
| 2026-06-02 | 5,323,279 | -829,575 | -41,621 | 821,742 | +325,557 | 7,833 |
| 2026-05-26 | 6,254,472 | -787,954 | +60,098 | 496,185 | -290,090 | 291,769 |
| 2026-05-19 | 5,833,268 | -848,052 | -66,885 | 786,275 | +52,532 | 61,777 |
| 2026-05-12 | 5,866,357 | -781,167 | +34,102 | 733,743 | -13,600 | 47,424 |
| 2026-05-05 | 5,369,025 | -815,269 | +23,868 | 747,343 | -577 | 67,926 |
| 2026-04-28 | 5,374,513 | -839,137 | -48,166 | 747,920 | +21,031 | 91,217 |
Full history, no login: CSV (1986-01-15 → 2026-10-20) · JSON
Contract facts
FAQ
- Are large speculators long or short 10-Year T-Note futures?
- As of the 2026-10-20 COT report, large speculators (non-commercial traders) are net short 964,293 contracts in 10-Year T-Note futures.
- What is the leveraged funds position in 10-Year T-Note futures?
- As of the 2026-10-20 COT report, leveraged funds traders are net short 2,107,224 contracts (567,553 long, 2,674,777 short) in 10-Year T-Note futures. The week-by-week table on this page lists the last 26 reports.
- How current is this 10-Year T-Note COT data?
- The latest report is dated 2026-10-20 (positions as of that Tuesday's close), published by the CFTC on 2026-10-23. This page updates within minutes of each weekly release.
- Where can I download 10-Year T-Note COT history?
- The full weekly series (1986-01-15 to 2026-10-20) is free at /data/cot/10-year-treasury.csv - no login, no cap.
Learn: how to read this report · commercials vs non-commercials · glossary
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 043602. Dataset coverage 1986-01-15 → 2026-10-20. Methodology.