Ultra T-Bond COT Report
CFTC Commitments of Traders · positions as of Tuesday 2026-09-01, released Sep 4, 2026 (the CFTC reports each Tuesday's close three days later) · next release Sep 11, 2026 (regular cycle; see the release schedule for holiday shifts)
Ultra T-Bond positioning is mixed - commercials mid-range (26w index 48).
How this read is built
- Commercials (hedgers) are net long and sit in the middle of their 26-week range (COT index 48) - a neutral 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 369,311 Ultra T-Bond futures contracts (up 36,734 week-over-week), commercials are net long 317,768, and open interest is 2,398,572 contracts. Leveraged funds was net short 878,489 contracts as of (down 29,501 week-over-week).
Cite this data
FuturesBench, "Ultra T-Bond COT Report," data as of 2026-09-01. https://futuresbench.com/cot/ultra-treasury-bond/#net-position Source: CFTC Commitments of Traders (public domain). CSV: https://futuresbench.com/data/cot/ultra-treasury-bond.csv
Embed this chart
<iframe src="https://futuresbench.com/embed/cot/ultra-treasury-bond/" width="100%" height="560" frameborder="0" loading="lazy" title="Ultra T-Bond COT Report chart - FuturesBench"></iframe>
Positioning - as of Tuesday 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | -369,311 | +36,734 | -15.4% | 22.0 | 21.1 | 21.8 |
| Commercials | 317,768 | -80,062 | 13.2% | 47.7 | 57.3 | 65.5 |
| Small traders | 51,543 | +43,328 | 2.1% | 100.0 | 100.0 | 68.1 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
This week in numbers
- Commercials net position fell by 80,062 contracts to 317,768 (20.1% w/w) - the largest weekly change since 2025-05-27.
- Small traders net position rose by 43,328 contracts to 51,543 - the largest weekly change since 2025-06-03.
- Large speculators net position rose by 36,734 contracts to -369,311 (9.0% w/w) - the largest weekly change since 2026-08-25.
- Small traders net position is at a 52-week high (51,543 contracts).
- Open interest fell 19.2% week-over-week to 2,398,572 contracts.
Every sentence above is computed from the stored series - no commentary, no forecasts.
Traders in Financial Futures report - positions as of Tue 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Dealer/intermediary | -237,363 | +4,464 | -9.9% | 57.0 | 59.0 | 36.5 |
| Asset manager | 1,021,079 | -38,174 | 42.6% | 0.0 | 58.0 | 70.6 |
| Leveraged funds | -878,489 | -29,501 | -36.6% | 56.5 | 17.2 | 12.8 |
| Other reportables | 43,230 | +19,883 | 1.8% | 100.0 | 100.0 | 100.0 |
| Small traders | 51,543 | +43,328 | 2.1% | 100.0 | 100.0 | 68.1 |
Full Traders in Financial Futures report history: CSV · switch the chart above to this report family for the full series.
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-09-01 | 2,398,572 | -369,311 | +36,734 | 317,768 | -80,062 | 51,543 |
| 2026-08-25 | 2,968,853 | -406,045 | -59,321 | 397,830 | +47,714 | 8,215 |
| 2026-08-18 | 2,493,394 | -346,724 | -19,941 | 350,116 | +24,857 | -3,392 |
| 2026-08-11 | 2,416,703 | -326,783 | -11,798 | 325,259 | +13,702 | 1,524 |
| 2026-08-04 | 2,436,891 | -314,985 | +5,723 | 311,557 | -246 | 3,428 |
| 2026-07-28 | 2,462,300 | -320,708 | +642 | 311,803 | +18,333 | 8,905 |
| 2026-07-21 | 2,446,567 | -321,350 | +3,057 | 293,470 | +10,200 | 27,880 |
| 2026-07-14 | 2,457,402 | -324,407 | -16,588 | 283,270 | +7,779 | 41,137 |
| 2026-07-07 | 2,436,549 | -307,819 | -21,150 | 275,491 | +30,877 | 32,328 |
| 2026-06-30 | 2,456,625 | -286,669 | +31,431 | 244,614 | -49,579 | 42,055 |
| 2026-06-23 | 2,479,290 | -318,100 | +3,727 | 294,193 | -19,540 | 23,907 |
| 2026-06-16 | 2,472,776 | -321,827 | -3,096 | 313,733 | -6,502 | 8,094 |
| 2026-06-09 | 2,399,575 | -318,731 | -31,021 | 320,235 | +24,231 | -1,504 |
| 2026-06-02 | 2,354,254 | -287,710 | -27,868 | 296,004 | +24,050 | -8,294 |
| 2026-05-26 | 2,533,780 | -259,842 | -5,378 | 271,954 | +7,808 | -12,112 |
| 2026-05-19 | 2,534,806 | -254,464 | -15,470 | 264,146 | +10,772 | -9,682 |
| 2026-05-12 | 2,354,986 | -238,994 | +20,441 | 253,374 | -15,512 | -14,380 |
| 2026-05-05 | 2,300,078 | -259,435 | +34,850 | 268,886 | -19,091 | -9,451 |
| 2026-04-28 | 2,310,976 | -294,285 | +6,002 | 287,977 | -9,272 | 6,308 |
| 2026-04-21 | 2,274,864 | -300,287 | +536 | 297,249 | +1,375 | 3,038 |
| 2026-04-14 | 2,279,418 | -300,823 | -40,440 | 295,874 | +34,481 | 4,949 |
| 2026-04-07 | 2,261,977 | -260,383 | +7,746 | 261,393 | +9,692 | -1,010 |
| 2026-03-31 | 2,230,822 | -268,129 | +11,058 | 251,701 | -5,919 | 16,428 |
| 2026-03-24 | 2,223,075 | -279,187 | -8,050 | 257,620 | -11,741 | 21,567 |
| 2026-03-17 | 2,232,309 | -271,137 | +18,965 | 269,361 | -3,825 | 1,776 |
| 2026-03-10 | 2,281,019 | -290,102 | -34,408 | 273,186 | +31,221 | 16,916 |
Full history, no login: CSV (2010-03-02 → 2026-09-01) · JSON
Contract facts
FAQ
- Are large speculators long or short Ultra T-Bond futures?
- As of the 2026-09-01 COT report, large speculators (non-commercial traders) are net short 369,311 contracts in Ultra T-Bond futures.
- How current is this Ultra T-Bond COT data?
- The latest report is dated 2026-09-01 (positions as of that Tuesday's close), published by the CFTC on 2026-09-04. This page updates within minutes of each weekly release.
- Where can I download Ultra T-Bond COT history?
- The full weekly series (2010-03-02 to 2026-09-01) is free at /data/cot/ultra-treasury-bond.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 020604. Dataset coverage 2010-03-02 → 2026-09-01. Methodology.