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Hedge Funds Place Biggest Ever Short on Benchmark Treasuries
(Bloomberg) -- Hedge funds seem to be as confident as the Federal Reserve that the US economy can avoid a recession despite the burden of higher interest rates.Most Read from BloombergBud Light Takes the Cowardly Way OutMacron’s Push to Get China’s Help on Ukraine Is UnravelingBitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000US Public Sours on a Biden-Trump Election Rematch in 2024Leveraged investors boosted their net shorts on 10-year Treasury futures to a record