JPM Treasury Client Survey (w/e Feb 2nd): Active clients show the fewest net longs since January 5th, 2026
Importance
Level 1
All clients (Feb 2nd vs Jan 26th).
- Long: 20 (vs. 24).
- Neutral: 60 (vs. 57).
- Short: 20 (vs. 19).
- Net longs: 0 (vs. 5).
Active Clients
- Long: 44 (vs. 56).
- Neutral: 34 (vs. 33).
- Short: 22 (vs. 11).
- Net longs: 22 (vs. 45).
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