Right now, hedge fund traders around the world are moving in and out of positions. Bank of America (via Market Folly) has the details of their latest moves.
Those moves can a provide strong indication on where markets are trending overall.
Just a few months ago, trades like the euro short and dollar long were all the rage months before the rest of the market caught up.
Take the opportunity to get up to speed here now on where hedge funds are trading.
After moving into a long position earlier this year, traders are moving into a short 10-year position.
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