Traders are increasing their options positions, betting that the US 10-year Treasury yield will rise by at least 20 basis points from the current level of about 5.11% to the end of the month. Two London traders said that the market bought 12,000 lots of TY Wk5 contracts and put options with an exercise price of 104.0. The premium was the 5 smallest fluctuating units; since the beginning of this week, the cumulative purchase volume of this option has exceeded 100,000. This option expires on October 30, and will cover key data such as the Federal Reserve's interest rate decision, September core PCE, and third-quarter GDP before expiration.
Zhitongcaijing · 3d ago
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Traders are increasing their options positions, betting that the US 10-year Treasury yield will rise by at least 20 basis points from the current level of about 5.11% to the end of the month. Two London traders said that the market bought 12,000 lots of TY Wk5 contracts and put options with an exercise price of 104.0. The premium was the 5 smallest fluctuating units; since the beginning of this week, the cumulative purchase volume of this option has exceeded 100,000. This option expires on October 30, and will cover key data such as the Federal Reserve's interest rate decision, September core PCE, and third-quarter GDP before expiration.
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