BlackRock shifts to short-term bonds, downgrades U.S. stocks
- Upgrades short-term U.S. Treasuries to overweight, ending a nearly six-year underweight stance
- 10-year U.S. Treasury yields have climbed from 0.9% to above 5.2%; U.S. stocks are downgraded from overweight to neutral
With Treasury yields stuck above 5%, valuations of risk assets remain under pressure. Bitcoin and major altcoins are moving with the Nasdaq in the short term. At these levels, would you dare to place buy orders and scoop up the dip, or wait for a pullback before entering?
$BTC $ETH $SOL
- Upgrades short-term U.S. Treasuries to overweight, ending a nearly six-year underweight stance
- 10-year U.S. Treasury yields have climbed from 0.9% to above 5.2%; U.S. stocks are downgraded from overweight to neutral
With Treasury yields stuck above 5%, valuations of risk assets remain under pressure. Bitcoin and major altcoins are moving with the Nasdaq in the short term. At these levels, would you dare to place buy orders and scoop up the dip, or wait for a pullback before entering?
$BTC $ETH $SOL