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Shorting Treasuries Climbs to Two-Year High Ahead of Fed: Chart

Shorting Treasuries Climbs to Two-Year High Ahead of Fed: Chart

Shorting Treasuries Climbs to Two-Year High Ahead of Fed: Chart

(Bloomberg) -- Investors are ramping up bets against the $13.9 trillion U.S. Treasuries market ahead of the Federal Reserve’s interest-rate decision on Wednesday. A weekly survey by JPMorgan Chase & Co. on Dec. 12 found the most short positions since September 2014 among active clients, which include real-money and speculative accounts. The central bank is expected to raise the fed funds target by 25 basis points to a range of 0.5 percent to 0.75 percent.

To contact the reporter on this story: Brian Chappatta in New York at bchappatta1@bloomberg.net. To contact the editors responsible for this story: Boris Korby at bkorby1@bloomberg.net, Sophie Caronello