2-Year T-Note (ZT): COT Report & Analysis ZT

Track how "Smart Money" institutions are positioning themselves in 2-Year T-Note (ZT). By analyzing the latest Commitments of Traders (COT) data from the UST 2Y 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 2-Year T-Note (ZT)

The 2-Year Treasury Note is a short-term U.S. government debt security. Trading: It is highly sensitive to Federal Reserve interest rate policy and is often used to gauge market expectations for near-term monetary policy. Usage: The spread between 2-year and 10-year yields (yield curve) is a key economic indicator.

Current Yield
4.05%
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).
-1,219,838
▲ 9.7%
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 -1,219,838 511,328 1,731,166 3,376,977 2,220,701
Jun 02, 2026 Bearish -1,350,188 482,066 1,832,254 3,491,157 2,175,399
May 26, 2026 Bearish -1,255,246 478,428 1,733,674 3,756,899 2,556,226
May 19, 2026 Bearish -1,560,837 487,295 2,048,132 3,881,287 2,383,145
May 12, 2026 Bearish -1,602,612 492,719 2,095,331 3,794,813 2,274,054
May 05, 2026 Bearish -1,673,329 497,399 2,170,728 3,820,890 2,230,581
Apr 28, 2026 Bearish -1,709,263 498,973 2,208,236 3,836,874 2,211,195
Apr 21, 2026 Bearish -1,743,353 493,350 2,236,703 3,811,446 2,151,320
Apr 14, 2026 Bearish -1,703,806 496,781 2,200,587 3,812,985 2,187,175
Apr 07, 2026 Bearish -1,712,015 525,560 2,237,575 3,791,639 2,152,661
Mar 31, 2026 Bearish -1,637,324 565,540 2,202,864 3,787,152 2,215,079
Mar 24, 2026 Bearish -1,638,179 572,897 2,211,076 3,825,356 2,269,589
Mar 17, 2026 Bearish -1,482,667 577,840 2,060,507 3,645,956 2,263,582
Mar 10, 2026 Bearish -1,338,236 652,176 1,990,412 3,449,223 2,218,024