5-Year Treasury Note futures COT positions and historical chart

Official market: UST 5Y NOTE · CBOT · TFF Futures Only

Latest report: 28 July 2026 · Current weekly data

Official CFTC dataset

Current positioning summary

Leveraged Funds held a net-short 5-Year Treasury Note futures position of 2,108,638 contracts. The position increased by 22,790 contracts from the preceding available report. The position ranked in the 76th percentile of the latest 156 available reports.

Report date: 28 July 2026

Asset Manager/Institutional

Long
3,903,361
Short
1,007,112
Net
+2,896,249
Weekly change
+46,124
Net / open interest
46.76%
52 reports
25th percentile
156 reports
50th percentile

Leveraged Funds

Long
426,056
Short
2,534,694
Net
-2,108,638
Weekly change
+22,790
Net / open interest
-34.04%
52 reports
98th percentile
156 reports
76th percentile

Historical net position

Actual report dates; missing weeks are not interpolated. A data table follows the chart.

Chart window

Accessible historical data

Recent normalized observations are server rendered; the chart uses client-side state and the market page keeps one canonical URL.

CFTC positioning observations
Report dateParticipantLongShortNetWeekly change4-report change52-report context
2026-07-28Dealer/Intermediary102,740918,539-815,799-68,772+16,2756th percentile
2026-07-28Asset Manager/Institutional3,903,3611,007,112+2,896,249+46,124-34,62125th percentile
2026-07-28Leveraged Funds426,0562,534,694-2,108,638+22,790+37,65298th percentile
2026-07-28Other Reportables180,766163,801+16,965-6,530+10,00212th percentile
2026-07-28Non-Reportable388,005376,782+11,223+6,388-29,3088th percentile
2026-07-21Dealer/Intermediary130,770877,797-747,027+26,392+43,82717th percentile
2026-07-21Asset Manager/Institutional3,887,2541,037,129+2,850,125-44,793-59,24413th percentile
2026-07-21Leveraged Funds376,8862,508,314-2,131,428+25,322+34,14598th percentile
2026-07-21Other Reportables199,256175,761+23,495+3,693+27,00313th percentile
2026-07-21Non-Reportable392,534387,699+4,835-10,614-45,7316th percentile
2026-07-14Dealer/Intermediary120,971894,390-773,419+74,882-59,65613th percentile
2026-07-14Asset Manager/Institutional3,912,0061,017,088+2,894,918-73,304+18,89621th percentile
2026-07-14Leveraged Funds387,0932,543,843-2,156,750+18,112+57,86096th percentile
2026-07-14Other Reportables196,015176,213+19,802-6,530+21,41012th percentile
2026-07-14Non-Reportable401,135385,686+15,449-13,160-38,5106th percentile
2026-07-07Dealer/Intermediary95,198943,499-848,301-16,227-143,4002th percentile
2026-07-07Asset Manager/Institutional3,947,315979,093+2,968,222+37,352+38,19831th percentile
2026-07-07Leveraged Funds434,6062,609,468-2,174,862-28,572+55,49494th percentile
2026-07-07Other Reportables209,164182,832+26,332+19,369+24,18112th percentile
2026-07-07Non-Reportable394,006365,397+28,609-11,922+25,5278th percentile
2026-06-30Dealer/Intermediary94,919926,993-832,074-41,220-145,7982th percentile
2026-06-30Asset Manager/Institutional3,956,4431,025,573+2,930,870+21,501+32,96629th percentile
2026-06-30Leveraged Funds545,2132,691,503-2,146,290+19,283+111,30598th percentile
2026-06-30Other Reportables190,158183,195+6,963+10,471-21,06010th percentile
2026-06-30Non-Reportable398,339357,808+40,531-10,035+22,58710th percentile
2026-06-23Dealer/Intermediary94,504885,358-790,854-77,091-94,3984th percentile
2026-06-23Asset Manager/Institutional3,967,4501,058,081+2,909,369+33,347+201,54223th percentile
2026-06-23Leveraged Funds485,9382,651,511-2,165,573+49,037-94,22098th percentile
2026-06-23Other Reportables183,480186,988-3,508-1,900+7924th percentile
2026-06-23Non-Reportable398,583348,017+50,566-3,393-13,71610th percentile
2026-06-16Dealer/Intermediary97,963811,726-713,763-8,862-146,69723th percentile
2026-06-16Asset Manager/Institutional3,919,8251,043,803+2,876,022-54,002+3,57019th percentile
2026-06-16Leveraged Funds480,5192,695,129-2,214,610+15,746+91,83798th percentile
2026-06-16Other Reportables203,884205,492-1,608-3,759-35,0344th percentile
2026-06-16Non-Reportable407,677353,718+53,959+50,877+86,32410th percentile
2026-06-09Dealer/Intermediary105,066809,967-704,901-18,625-155,56727th percentile
2026-06-09Asset Manager/Institutional3,929,915999,891+2,930,024+32,120+215,64223th percentile
2026-06-09Leveraged Funds418,1312,648,487-2,230,356+27,239+118,84998th percentile
2026-06-09Other Reportables199,524197,373+2,151-25,872-118,5794th percentile
2026-06-09Non-Reportable404,940401,858+3,082-14,862-60,3454th percentile

How to interpret 5-Year Treasury Note positioning

What the contract represents

5-Year Treasury Note futures span the intermediate part of the US curve and are heavily used for rate-risk transfer.

Categories traders monitor

Compare Leveraged Funds with Asset Managers rather than interpreting all reportables as one group.

Interpretation considerations

Spread and basis strategies mean contract direction may not reveal portfolio-level duration intent.

Important limitations

COT does not disclose paired legs, cash holdings or the purpose of a hedge.

Related markets

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