Ultra UST 10Y COT Report

CFTC Commitments of Traders · report date 2026-07-21 (released Jul 24, 2026) · next report expected Jul 31, 2026 (regular cycle; see the release schedule for holiday shifts)

As of the Jul 21, 2026 COT report, large speculators are net short 137,632 Ultra UST 10Y futures contracts (up 8,004 week-over-week), commercials are net long 220,725, and open interest is 2,418,834 contracts.

-137,632
Large speculators net
220,725
Commercials net
71.1
COT index (3-year)
2,418,834
Open interest

Positioning — week of 2026-07-21

Trader categoryNet positionWeekly change% of open interestCOT index 26wCOT index 52wCOT index 3y
Large speculators-137,632+8,004-5.7%45.768.671.1
Commercials220,725-5,9179.1%37.226.033.4
Small traders-83,093-2,087-3.4%92.851.241.9

Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.

Net positions since 2016

-400k-200k0200k400k2025-072025-092025-112025-122026-022026-032026-052026-07Large speculatorsCommercials
-400k-200k0200k400k2021-082022-042023-012023-092024-062025-022025-112026-07Large speculatorsCommercials
-400k-200k0200k400k2016-032017-092019-032020-082022-022023-082025-012026-07Large speculatorsCommercials

Traders in Financial Futures breakdown — week of 2026-07-21

CategoryNet positionWeekly change
Dealer/intermediary-276,234+5,935
Asset manager714,870+4,341
Leveraged funds-380,604-2,039
Other reportables25,061-6,150
Small traders-83,093-2,087

Recent history

Report dateOpen interestLarge spec netΔCommercial netΔSmall trader net
2026-07-212,418,834-137,632+8,004220,725-5,917-83,093
2026-07-142,449,646-145,636+2,508226,642-421-81,006
2026-07-072,456,400-148,144-11,115227,063-6,295-78,919
2026-06-302,456,590-137,029-16,195233,358+1,683-96,329
2026-06-232,439,582-120,834-7,687231,675-6,821-110,841
2026-06-162,428,600-113,147+3,960238,496+9,485-125,349
2026-06-092,428,052-117,107+65,983229,011-33,909-111,904
2026-06-022,419,726-183,090-67,560262,920+28,557-79,830
2026-05-262,733,278-115,530-576234,363-1,483-118,833
2026-05-192,615,042-114,954-25,053235,846+14,541-120,892
2026-05-122,487,175-89,901+15,259221,305-13,621-131,404
2026-05-052,420,440-105,160-77,320234,926+79,067-129,766
2026-04-282,406,104-27,840+45,355155,859-45,510-128,019
2026-04-212,431,877-73,195+59,678201,369-49,325-128,174
2026-04-142,392,800-132,873+28,514250,694-18,066-117,821
2026-04-072,360,849-161,387+5,825268,760-8,059-107,373
2026-03-312,352,973-167,212+11,341276,819+6,347-109,607
2026-03-242,353,654-178,553+27,241270,472-25,366-91,919
2026-03-172,378,373-205,794-8,167295,838-9,347-90,044
2026-03-102,379,463-197,627-52,607305,185+66,985-107,558
2026-03-032,483,117-145,020-89,757238,200+91,447-93,180
2026-02-242,690,727-55,263+44,766146,753-89,871-91,490
2026-02-172,586,178-100,029+53,282236,624-52,204-136,595
2026-02-102,559,366-153,311+32,507288,828-17,588-135,517
2026-02-032,617,654-185,818+44,056306,416-39,152-120,598
2026-01-272,618,046-229,874+5,408345,568-7,353-115,694

Full history, no login: CSV (2016-03-08 → 2026-07-21) · JSON

Contract facts

(CONTRACTS OF $100,000 FACE VALUE)
Contract unit (CFTC)
043607
CFTC contract code

FAQ

Are large speculators long or short Ultra UST 10Y futures?
As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 137,632 contracts in Ultra UST 10Y futures.
How current is this Ultra UST 10Y COT data?
The latest report is dated 2026-07-21 (positions as of that Tuesday's close), published by the CFTC on 2026-07-24. This page updates within minutes of each weekly release.
Where can I download Ultra UST 10Y COT history?
The full weekly series (2016-03-08 to 2026-07-21) is free at /data/cot/ultra-ust-10y.csv — no login, no cap.
All COT markets Interest Rates - U.S. Treasury Ultra UST 10Y CSV 2-Year T-Note COT 5-Year T-Note COT 10-Year T-Note COT 30-Year T-Bond COT Ultra T-Bond COT

Source: CFTC Commitments of Traders, legacy futures-only report, contract code 043607. Dataset coverage 2016-03-08 → 2026-07-21. Methodology.