Goldman Sachs has reported that Commodity Trading Advisors (CTAs) have positioned themselves long on global equities, with a total of $70 billion in equities, placing them in the 43rd percentile. Last week, CTAs purchased an additional $13 billion of equities globally. The firm noted that this group is expected to act as small buyers of equities in various scenarios over the next week. Furthermore, the performance of US equities appears consistent with historical patterns observed during non-recessionary cutting cycles, although the current rise in yields is seen as unusual when compared to these historical trends. Additionally, non-dealer positioning in US equity futures has decreased from recent highs, indicating a shift in market sentiment.