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Speculators turn net long in U.S. 10-year T-note futures: CFTC

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[August 30, 2014]  Speculators turned net bullish on U.S. 10-year Treasury note futures for the first time in 12 months as the bond market rallied this week on falling yields in Europe and safe-haven bids tied to the escalating conflict in Ukraine, according to Commodity Futures Trading Commission data released on Friday.

The amount of speculators' bullish, or long, positions in 10-year Treasury futures exceeded bearish, or short, positions by 7,940 contracts on Aug. 26, according to the CFTC's latest Commitments of Traders data.

A week earlier, speculators held 43,534 net short positions in 10-year T-note futures.

It was first time speculators were net long on 10-year Treasury futures since late July 2013.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

[ 2014 Thomson Reuters. All rights reserved.]

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