BlackRock Warns of 'Stagflationary Shock' Amid Middle East Conflict, Remains Underweight on U.S. Treasuries
BlackRock Warns of 'Stagflationary Shock' Amid Middle East Conflict, Remains Underweight on U.S. Treasuries
BlackRock Investment Institute analysts are maintaining an underweight position on long-term U.S. Treasuries. This decision is driven by the ongoing conflict in the Middle East, particularly airstrikes in Iran, which are exacerbating an energy-led supply chain shock. The firm indicates that oil futures pricing suggests these disruptions could persist for weeks, adding to inflation risks in the global economy.
The financial giant BlackRock remains underweight long-term U.S. Treasuries amid the airstrikes in Iran, which are spurring an energy-led supply chain shock. In a new commentary, analysts at BlackRock Investment Institute say oil futures pricing suggests “disruptions could last for weeks, not months.” “The episode adds to inflation risk in a world shaped by supply […]
The post ‘Risk of a Stagflationary Shock’: BlackRock Analysts Stay Underweight on Long-Term U.S. Treasuries Amid Conflict in Middle East appeared first on The Daily Hodl.