The latest JPMorgan Chase US Treasury client survey as of December 15 revealed a 6-percentage-point increase in bullish positions, while neutral positions declined by 6 points. Bearish positions remained unchanged.
All Clients (December 15 vs. December 8) Bullish: 30 vs. 24 Neutral: 61 vs. 67 Bearish: 9 vs. 9 Net Bullish: 21 vs. 15
Active Clients Bullish: 44 vs. 33 Neutral: 56 vs. 56 Bearish: 0 vs. 11 Net Bullish: 44 vs. 22