By Nell Mackenzie
LONDON, March 23 (Reuters) – Hedge funds last week piled into bets against U.S. shares and emerging markets stocks in Asia, while wagering that European shares would rise, said a Goldman Sachs note to clients seen by Reuters on Monday.
Global stocks selling reached new highs last week, the largest net selling since April 2025 as speculators shorted equities for the fifth straight week, the note from Friday showed.
A short position makes money when prices fall.
Global shares slumped for a third week in a row last week, while bond yields climbed on fears the Iran war would keep upward pressure on oil prices and spark inflation.
(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)
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