According to Wallstreetcn, short positions in US Treasury futures continue to accumulate, with asset managers adding over 100,000 10-year Treasury futures short contracts in the week ending September 22, one of the largest weekly increases since 2023. The 30-year Treasury yield has risen to its highest level since 2002. Analysts believe that if economic data weakens or Federal Reserve officials signal a dovish stance, the market could face a sharp short squeeze, potentially leading to a significant short-term decline in yields. The options market is already showing hedging signs, with put option premiums for long-dated Treasury futures contracts rising to their highest level since August. A JPMorgan Chase survey shows that as of the week ending September 28, investors' long positions remain at their highest level since November last year, providing a basis for a potential short squeeze.