Hedge Funds Build Treasury Bets to 2007 Highs in Bear Dismissal

Hedge Funds Build Treasury Bets to 2007 Highs in Bear Dismissal

Andrew Harrer/Bloomberg

A police officer stands outside the Marriner S. Eccles Federal Reserve building in Washington, D.C. The Fed, which meets this week to discuss monetary policy, may slow the pace of bond purchases later this year, causing 10-year Treasury yields to move in a range of 2.5 percent to 3.5 percent.