Oct
18
Hedge Funds Turn Bullish on Treasuries as Yield Hovers Near 2%
By-
Subdued inflation seen keeping interest rates low for longer
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Odds of 2015 Fed liftoff have halved to 32% in the past month
Investors have swung back to bets that Treasuries will strengthen, as the yield on benchmark 10-year notes hovers near 2 percent.
Hedge funds and other large speculators held a net 17,692 bullish positions in U.S. government bonds in the week to Oct. 13, from 2,543 net bearish contracts in the previous period. Ten-year Treasuries held a weekly gain Monday, after yields fell to 1.97 percent on Oct. 14, the lowest close since April 27. U.S. debt has rallied over the past month as bets receded that the Federal Reserve will this year make its first interest-rate increase since 2006…
Hedge Funds Turn Bullish on Treasuries as Yield Hovers Near 2%
