BlackRock turns ‘neutral' on long-term Treasurys ahead of potential Fed rate cuts

Core Viewpoint - BlackRock has adjusted its tactical outlook on long-term Treasurys, indicating a shift in investment strategy due to a "murky" macroeconomic environment [1] Group 1 - The company has changed its stance on long-term Treasurys, reflecting a more cautious approach in light of current economic conditions [1] - The macroeconomic backdrop is described as "murky," suggesting uncertainty in economic indicators and market trends [1]