The Hedgers’ Ledger

The weekly release: where the commercial book sits against its own three-year range, market by market, straight from the CFTC report. The written notes run in The Weekly Tape.

2026

• Aug 16
  The Hedgers' Ledger — 2026-08-16
• Aug 8
  The Hedgers' Ledger — 2026-08-08
• Aug 1
  The Hedgers' Ledger — 2026-08-01
• Jul 25
  The Hedgers' Ledger — 2026-07-25
• Jul 18
  The Hedgers' Ledger — 2026-07-18
• Jul 11
  The Hedgers' Ledger — 2026-07-11
• Jun 27
  The Hedgers' Ledger — a note on the dollar
• Jun 13
  The Hedgers' Ledger — 2026-06-13
• Jun 10
  The Hedgers' Ledger — 2026-06-10

All back issues →