Published on
May 20, 2025
BlackRock Bond Chief Sticks To Short-Term Maturities Despite Treasury Yield Spike After Moody's Downgrade
He remains optimistic about the broader U.S. economy, but steers clear of CCC-rated bonds, which he says are vulnerable to a downturn. Despite a surge in 10- and 30-year Treasury yields following Moody’s recent U.S. credit downgrade, BlackRock’s Rick …
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