BlackRock Upgrades US Treasuries After Nearly Six Years Underweight
Photo: Coinpedia
BlackRock Investment Institute has raised its rating on US Treasuries, ending a stance of nearly six years, and prefers shorter maturities. It said the sharp rise in yields makes potential returns more attractive and that markets may be overpricing Fed tightening. At the same time, it cut US equities to neutral and added Treasuries across maturities. All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Source: Coinpedia
