Another sentiment-related warning sign for stocks (previous) is heavy bearish opinion on...

|By:, SA News Editor

Another sentiment-related warning sign for stocks (previous) is heavy bearish opinion on Treasurys. CFTC data show small speculators net short at levels typically preceding an imminent bull move in bond prices, writes The Fat Pitch. Professionals? A BAML survey finds 53% of fund managers underweight bonds, the lowest weighting in Treasurys since May 2011 - a pretty fair time to get long.