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Bond Traders Increase Short Bets, Hedge Funds Expand Bearish Treasuries Bet
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Bond traders are increasing their short bets on higher US Treasury yields, contributing to a rally in yields across 5- to 10-year rates. Hedge funds have also expanded their record bearish Treasuries bets, indicating a potential reversal in the coming weeks. JP Morgan strategists advise clients to sell bonds and stocks and shift into commodities, particularly oil, citing technical moves in equities and bonds.
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How might the potential reversal in the Treasuries market impact the broader economy?
What are the implications of JP Morgan's advice for clients to sell bonds and shift into commodities?
What factors are contributing to the increase in bond traders' short bets on rising US Treasury yields?
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