Traders cut off positions in UST on $7 billion before data on IPTs

(Bloomberg) - Traders treasury bonds, probably close eyes to prospect of higher, than it was expected, inflations to United States of America - profitability of indicative papers punched down recent range against elimination of short positions. According to the preliminary data, open positions on futures for 10-year bonds were reduced on Wednesday more than by 75 thousand of contracts that is equivalent to 10-year bonds almost on $7 billion. Profitability of 10-year treasury papers fell during the yesterday's auctions on six basic points to a minimum since March, in process having punched the lower bound of the narrow...