J.P. Morgan U.S. Treasury survey: 64% of clients hold a neutral position.

J.P. Morgan's latest survey of U.S. Treasury clients shows that 64% of clients are neutral, while 24% are net long. Jay Barry, global interest rate strategist at J.P. Morgan, stated that the net long position in U.S. Treasuries is lower than the peak of 32% seen during the week of April 7th.