menu search

BlackRock has downgraded its view on credit, from overweight to neutral

BlackRock has downgraded its view on credit, from overweight to neutral
An update from the BlackRock Investment Institute, saying that its moved from "overweight" to "neutral" on credit. Blackrock say that yields are not enough to compensate investors for tightening credit conditions.Strategically, we are neutral global investment grade. We don’t think yields compensate investors for tightening credit conditions. We are neutral high yield as we see the asset class as more vulnerable to recession risks. Tactically, we’re neutral investment grade due to tightening cre... Read More
Posted: May 22 2023, 21:18
Author Name: forexlive
Views: 102769

Search within

Pages Search Results: