Traders are increasing their bets that US Treasury yields will continue to rise from their current 20-year high, increasing the risk that these positions may suddenly close once the economy shows signs of significant cooling. In view of this, bond traders' attention is focused on a series of key data to be released this week, including the inflation index favored by the Federal Reserve on Wednesday and the non-farm payrolls report on Friday. Over the past few weeks, there has been a sharp rise in the number of open positions on 5-year and 10-year US Treasury futures contracts. Data from the Chicago Mercantile Exchange shows that in the past 12 trading days, traders increased their 5-year contract positions on 11 trading days; in the past 14 trading days, traders increased their 10-year contract positions on 13 trading days.

Traders are increasing their bets that US Treasury yields will continue to rise from their current 20-year high, increasing the risk that these positions may suddenly close once the economy shows signs of significant cooling. In view of this, bond traders' attention is focused on a series of key data to be released this week, including the inflation index favored by the Federal Reserve on Wednesday and the non-farm payrolls report on Friday. Over the past few weeks, there has been a sharp rise in the number of open positions on 5-year and 10-year US Treasury futures contracts. Data from the Chicago Mercantile Exchange shows that in the past 12 trading days, traders increased their 5-year contract positions on 11 trading days; in the past 14 trading days, traders increased their 10-year contract positions on 13 trading days.