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Bond Traders Increase Short Bets on Treasuries, Hedge Funds Record Net Short Positions
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Bond traders are increasing their short bets on higher US Treasury yields after a significant rally on Tuesday. Hedge funds have expanded their record bearish Treasuries bets, with significant increases in net short positions in two- and five-year Treasuries futures. JP Morgan strategists advise clients to sell bonds and stocks and shift into commodities, particularly oil.
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How might the increase in short bets on Treasuries impact the overall bond market?
What are the potential implications of JP Morgan's recommendation to sell bonds and stocks and shift into commodities?
What factors are contributing to the rise in hedge funds' net short positions in Treasuries futures?
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