Digital Assets Report


Like this article?

Sign up to our free newsletter

Hedge funds extend US bond short bets

Related Topics

The Federal Reserve’s interest rate battle to curb inflation may have some way to run yet, according to a report by Bloomberg, with hedge fund managers extending their record run of short sales of short-dated US Treasuries.

The report cites the latest data from the Commodity Futures Trading Commission (CFTC) as showing that leveraged investors boosted their net-short two-year Treasury positions for an eleventh straight week in the period to 6 June, marking the longest short-run on record, according to data going back to 2006.

A series of aggressive rate hikes has helped to relieve price pressures in the US, but inflation remains above target and the continued short selling by hedge funds suggest a degree of confidence that the Federal Reserve will raise rates again.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading