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Blackrock turn tactically neutral long-term Treasuries from underweight
BlackRock Investment Institute say that after being underweight long-term U.S. Treasuries since late 2020, as we saw the new macro regime heralding higher rates, they've tweaked their view:U.S. 10-year yields at 16-year highs show they have adjusted a lot – but we don’t think the process is over. We now turn tactically neutral as policy rates near their peak. The next step is not overweight: we see investors demanding more compensation for bond risk and stay underweight on a long-run, strategic...
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Blackrock
Turn
Tactically
Neutral
Long
Term
Treasuries
From
Long term
Underweight
Forex
Posted: Oct 16 2023, 20:54
Author Name: forexlive
Views: 112245