J.P. Morgan's U.S. Treasury client survey: Short positions rise to highest level since March

A survey of J.P. Morgan's U.S. Treasury bond clients shows that as of the week ending May 12th, short positions increased by 3 percentage points to reach their highest level since March 24th. Long positions decreased by 3 percentage points, while neutral positions remained unchanged. The net long position is the lowest since February 10th.