The $14 TRILLION BlackRock giant is ending its 6-year bearish trend on U.S. Treasury bonds!
The world’s largest asset manager downgraded U.S. stocks to NEUTRAL and is shifting into short-term bonds.
Why now?
Bond yields have reached multi-year highs, while markets have priced in too many Fed rate hikes. Is a massive rotation of capital from stocks into bonds beginning?
$BTC $ETH $XRP
#BlackRock #USFinance #Treasuries
The world’s largest asset manager downgraded U.S. stocks to NEUTRAL and is shifting into short-term bonds.
Why now?
Bond yields have reached multi-year highs, while markets have priced in too many Fed rate hikes. Is a massive rotation of capital from stocks into bonds beginning?
$BTC $ETH $XRP
#BlackRock #USFinance #Treasuries