According to a JPMorgan Chase survey of US Treasury clients, the proportion of short positions increased by 4 percentage points in the week ending March 9, marking the largest weekly rise since January 12. Long positions rose by 2 percentage points, while neutral positions fell by 6 percentage points. The share of short positions has now reached its highest level since February 16.
All Clients (March 9 vs. March 2) Long: 24 vs. 22 Neutral: 63 vs. 69 Short: 13 vs. 9 Net Long: 11 vs. 13
Active Clients Long: 44 vs. 44 Neutral: 34 vs. 45 Short: 22 vs. 11 Net Long: 22 vs. 33