According to JPMorgan's U.S. Treasury Bond Client Survey for the week ending July 7, there was a notable shift in market positioning. The share of long positions surged to a fresh high, marking a 3 percentage point increase. Concurrently, the proportion of short positions also edged up by 1 percentage point, attaining its highest level since June 9. This shift resulted in a 4 percentage point decline in neutral positions. Notably, the net long position hit a new peak, surpassing the previous high recorded on June 16.