BlackRock flips to Treasuries: 10-year income on $100K went from ~$900 to ~$5,300 (nearly 6x)
BlackRock's research arm cut U.S. stocks to neutral on Monday and upgraded short-term Treasuries to overweight, ending an underweight it held for most of six years.
When it went underweight in October 2020 the 10-year paid about 0.9%. Now it's above 5.3%. On $100K that's roughly $900 a year of income then vs $5,300 now, nearly 6x.
Sources: Reuters via Investing.com: BlackRock cools on US stocks, turns bullish on short-dated Treasuries · @unusual_whales: BlackRock cut US stocks to neutral and turned bullish on Treasuries · @StockMKTNewz: BlackRock Investment Institute note with CIO Rick Rieder; short-term Treasuries to overweight · X story: BlackRock Shifts to Neutral on U.S. Stocks, Overweight Short-Term Treasuries
Not financial advice. For informational and educational purposes only.
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