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BlackRock Upgrades US Treasuries After Nearly Six Years Underweight

Published by
Anjali Belgaumkar

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.

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Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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