J.P. Morgan's survey of U.S. Treasury clients shows that the bullish position has reached its highest level since April.

A survey of JP Morgan US Treasury clients showed that as of the week ending August 4th, the long position increased by 5 percentage points, reaching the highest level since April 14th, the neutral position decreased by 5 percentage points, and the short position remained unchanged. The net long position hit the highest level since July 7th.