J.P. Morgan U.S. Treasury client survey shows short positions hit a six-week low

According to a survey of Morgan Stanley's US Treasury clients, as of the week ending June 16, the percentage of short positions decreased by 3 percentage points, while the percentage of long positions remained unchanged. The survey of all clients showed that the net long position percentage reached a new high since May 5, with the short position percentage at a new low for the same period.