Hedge Funds Haven’t Been This Leveraged to Buy Stocks Since the Bull Market Began

(Bloomberg) Hedge funds are borrowing more to buy equities, a sign of growing confidence in the economy and their favorite stocks. Leverage among managers who speculate on rising and falling shares has climbed this month to near the highest levels since the bull market began in 2009, according to data compiled by Goldman Sachs Group Inc. on its hedge fund clients.

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