‘Risk of a Stagflationary Shock’: BlackRock Analysts Stay Underweight on Long-Term U.S. Treasuries Amid Conflict in Middle East – The Daily Hodl
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…