Hedge funds net short positions against the S&P 500 (SPY) stocks hits highs not seen since...

|By:, SA News Editor

Hedge funds net short positions against the S&P 500 (SPY) stocks hits highs not seen since 2008, SocGen says. Funds have closed short positions on 10-year T-notes (TLH) and "strongly diminished" shorts on 30-year bonds (TMV), but remain neutral on the dollar/euro (ERO), and net buyers of the franc (FXF) and yen (FXY). Enthusiasm for gold (GLD) remains strong.