Staying overweight on U.S. stocks (SP500)(SPY) but being cautious on long-term Treasuries is how BlackRock Investment Institute (BII) said it’s approaching the U.S. presidential election in November. It’s cautious on government bonds as budget deficits are “set to stay large” no matter who wins the U.S. elections, the institute said in a Monday not…
BlackRock, wary of U.S. fiscal outlook, cautious on long-term Treasuries before elections
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