CNBC – Hedge funds have been snapping up U.S. government debt, with new data showing large speculators have been “aggressively” buying 10 year Treasurys in the last week.
According to data from Bank of America Merrill Lynch (BofAML), hedge funds bought 10-year Treasurys to a net long position of $1.8 billion in the week ending July 22, overturning the net short position of $4.7 billion in the previous week.
