Jan 10 (Reuters) - Speculators’ net bearish bets on U.S. 10-year Treasury note futures fell in advance of this week’s longer-dated supply and the December jobs report, according to Commodity Futures Trading Commission data released on Friday.
The amount of speculators’ bearish, or short, positions in 10-year Treasury futures exceeded bullish, or long, positions by 128,045 contracts on Jan. 7, according to the CFTC’s latest Commitments of Traders data.
A week earlier, speculators held 173,674 net short positions in 10-year T-note futures.
The U.S. Treasury sold $64 billion of coupon-bearing supply this week including $21 billion in 10-year notes on Wednesday and $30 billion in 30-year bonds on Thursday.
The Labor Department said on Friday U.S. monthly job growth slowed to a three-year low in December at 74,000, which was well below the 196,000 increase forecast by analysts polled by Reuters.