Reuters: Higher interest rates boost hedge fund stock borrowing to record high – Goldman

Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients on Wednesday, as rising interest rates make it cheaper for speculators to borrow stock and bet on movements in company stock prices.

But hedge funds overall remain undecided on the market direction, Goldman’s data showed, suggesting they were held back by macroeconomic uncertainty.

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