CHICAGO - Money managers say they are taking a more defensive stance and streamlining their exposures in the Treasury market as the U.S. economy picks up speed.

"Players on the buy-side of the market are not looking to increase returns these days as much as they're trying to hold on to them," said James Somers, president of Somers Asset Management.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.