Wall Street Dumps Crash Hedges as Most-Shorted Stocks Jump 30% (opens in new tab)

(Bloomberg) -- Caution has become the most expensive position on Wall Street.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceA hot inflation reading this week — sending the annual gauge to its highest in about three year