Fed's Dovish Pivot 'Inertia' May Spell Trouble for Long-Term Bonds, BlackRock Says

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By Davide Barbuscia NEW YORK (Reuters) – Longer-term U.S. Treasuries could be vulnerable if the Federal Reserve’s outlook on interest rate cuts is challenged by stubborn inflation, a portfolio manager at asset management giant BlackRock said on Thursday. A majority of Fed officials this week …

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