(Bloomberg) -- Speculators have built a record position betting against the 10-year Treasury futures contract, according to data from the Commodity Futures Trading Commission. The net short stance increased by 90,444 contracts in the week ended April 24 to an unprecedented 462,133. A selloff in debt this week pushed the yield on the benchmark 10-year Treasury note above 3 percent for the first time since January 2014.
To contact the reporter on this story: Lananh Nguyen in New York at lnguyen35@bloomberg.net.
To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net.
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