Hedge fund managers have swung to a more bullish stance on U.S. equities this month, according to a fund manager sentiment index.

   The VAN Macro Sentiment Indicators had 52% of hedge fund managers bullish on the equities marke-up from 26% a month earlier-with expectations that the S&P 500 will rise in June,.
   The index is based on the outlook of hedge fund managers who employ a macro view and who manage, in aggregate, more than $30 billion in assets.
Managers were also bullish on the U.S. dollar, with 60% expecting it to move higher in June, while the predominant view was bearish on 10-year U.S. treasuries, with 48% expecting the notes to weaken.