UPDATE 1-U.S. Treasury net shorts trimmed on front end, up for some longer-dated bonds - CFTC

(Adds table, details) NEW YORK, June 24 (Reuters) - Speculators trimmed their net bearish bets on U.S. Treasury five-year note futures to their lowest since September 2021 in the latest week, but increased bearish bets in other parts of the curve, Commodity Futures Trading Commission data showed on Friday. The amount of speculators' bearish, or short, positions in five-year Treasury futures exceeded bullish, or long, positions by 104,091 contracts the week ending on June 21. Speculators' bearish bets on U.S. Treasury two-year note futures, which reflect possible interest rate moves by the Federal Reserve, were also trimmed, to 119,283 contracts from 160,422 the prior week. This followed an interest rate increase by the U.S. Central bank on June 15 which was the largest rise in nearly three decades and came in the wake of a hotter-than-expected U.S. inflation report for May. Bearish bets on some longer-dated U.S. Treasury note futures, however, expanded. U.S. 10-year note futures' net shorts expanded to 228,184 contracts, and net shorts on U.S. ultra-long bonds expanded to 345,056 contracts, the highest since July 2020, according to CFTC data. Below is a table of the speculative positions in Treasury futures on the Chicago Board of Trade and in Eurodollar futures on the Chicago Mercantile Exchange in the latest week: U.S. 2-year T-notes (Contracts of $200,000) 21 Jun 2022 Prior week week Long 257,375 236,115 Short 376,658 396,537 Net -119,283 -160,422 U.S. 5-year T-notes (Contracts of $100,000) 21 Jun 2022 Prior week week Long 373,807 374,601 Short 477,898 565,672 Net -104,091 -191,071 U.S. 10-year T-notes (Contracts of $100,000) 21 Jun 2022 Prior week week Long 269,685 253,485 Short 497,869 459,014 Net -228,184 -205,529 U.S. T-bonds (Contracts of $100,000) 21 Jun 2022 Prior week week Long 99,282 102,957 Short 118,604 132,357 Net -19,322 -29,400 U.S. Ultra T-bonds (Contracts of $100,000) 21 Jun 2022 Prior week week Long 42,428 41,147 Short 387,484 382,748 Net -345,056 -341,601 Eurodollar (Contracts of $1,000,000) 21 Jun 2022 Prior week week Long 614,934 651,750 Short 2,612,823 2,506,442 Net -1,997,889 -1,854,692 Fed funds (Contracts of $1,000,000) 21 Jun 2022 Prior week week Long 231,344 221,596 Short 106,923 110,665 Net 124,421 110,931 (Reporting by Davide Barbuscia; Editing by Leslie Adler and Marguerita Choy)