BlackRock Upgrades US Treasuries After Nearly Six Years Underweight

The post BlackRock Upgrades US Treasuries After Nearly Six Years Underweight appeared first on Coinpedia Fintech News

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 …