JPMorgan reports heavy client shorting of Treasurys

|By:, SA News Editor

Contrarian Treasury bulls may find comfort in the news JPMorgan's institutional clients haven't been this net short of Treasurys since 2006, shortly before a major collapse in yields.

At least for today, though, yields continue to rally, with the 10-year higher by three basis points to 2.56% after falling all the way to 2.4% last week.

TLT -0.6%, TBT +1.2%

ETFs: TBT, TLT, TMV, TBF, EDV, TTT, TMF, ZROZ, SBND, TLH, DLBS, VGLT, UBT, TLO, TENZ, LBND, TYBS, DLBL