Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
- Speculators extend bearish US bond bets for 11 straight weeks
- Positions reflect bets rates to stay higher for longer: Nomura
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Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation is far from done.
Leveraged investors boosted their net-short two-year Treasury positions for an eleventh straight week in the period to June 6, the latest Commodity Futures Trading Commission figures compiled by Bloomberg showed. That’s the longest run on record, according to data going back to 2006.