5-Year T-Note (ZF): COT Report & Analysis ZF

Track how "Smart Money" institutions are positioning themselves in 5-Year T-Note (ZF). By analyzing the latest Commitments of Traders (COT) data from the UST 5Y NOTE - CHICAGO BOARD OF TRADE, with sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About 5-Year T-Note (ZF)

The 5-Year Treasury Note is a U.S. government debt security with intermediate maturity. Trading: It sits between short-term T-Bills and longer-term T-Bonds, making it sensitive to both Federal Reserve policy and longer-term economic expectations. Usage: Commonly used by investors seeking a balance between yield and interest rate risk.

Current Yield
4.18%
Jun 11, 2026 FRED This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Market Sentiment
Increasing Bullish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
-1,320,162
▲ 3.6%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bearish

COT Charts

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 09, 2026 Bearish -1,320,162 469,268 1,789,430 5,169,671 3,852,591
Jun 02, 2026 Bearish -1,369,218 525,464 1,894,682 5,210,358 3,859,084
May 26, 2026 Bearish -1,323,127 526,960 1,850,087 5,297,812 4,038,967
May 19, 2026 Bearish -1,350,516 694,412 2,044,928 5,418,755 4,035,874
May 12, 2026 Bearish -1,362,145 722,630 2,084,775 5,316,714 4,017,996
May 05, 2026 Bearish -1,421,299 636,574 2,057,873 5,331,093 3,978,703
Apr 28, 2026 Bearish -1,521,405 646,336 2,167,741 5,202,729 3,765,370
Apr 21, 2026 Bearish -1,532,750 692,330 2,225,080 5,191,123 3,742,395
Apr 14, 2026 Bearish -1,625,745 650,727 2,276,472 5,258,606 3,703,322
Apr 07, 2026 Bearish -1,552,929 656,801 2,209,730 5,190,375 3,696,336
Mar 31, 2026 Bearish -1,586,840 651,244 2,238,084 5,250,315 3,722,775
Mar 24, 2026 Bearish -1,448,436 722,744 2,171,180 5,244,682 3,835,247
Mar 17, 2026 Bearish -1,773,452 658,813 2,432,265 5,390,613 3,715,514
Mar 10, 2026 Bearish -1,917,664 597,340 2,515,004 5,502,022 3,720,078