(Reuters) The margin of investors who said they had fewer longer-dated Treasuries than their benchmarks over those who held more longer-dated bonds than their benchmarks rose to a record high, JPMorgan Chase & Co’s latest client survey showed on Tuesday. Investors have reduced their bond holdings in recent days after Federal Reserve Chair Janet Yellen said last week the U.S. U.S. President Donald Trump’s introduction of his tax plan also raised speculation whether it will increase the government’s deficit and its borrowing to finance it, they said.
Net Shorts on U.S. Longer-Dated Bonds Hit Record High -JPMorgan
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