Speculators increase short positions on five-year Treasury futures: CFTC data

Speculative traders increased short positions in five-year U.S. Treasury futures, according to the latest CFTC positioning data, signaling growing bets on higher yields. The shift matters because Treasury yields anchor borrowing costs across mortgages, corporate credit and other risk assets, and rising yields can tighten financial conditions. Watch the next CFTC report and upcoming inflation and Fed commentary for whether the bearish positioning extends to other maturities or reverses.