Reported about 1 month ago
Amid a significant bond market sell-off, driven by changing expectations around the Federal Reserve's rate cuts, BlackRock's Gargi Chaudhuri advises investors to focus on the three- to five-year segment of the yield curve rather than longer-term bonds. She highlights the impact of recent economic data, the potential for persistent inflation, and increasing US deficits as key factors influencing market dynamics. Emphasizing the importance of maintaining quality in investments, she suggests a shift towards value stocks as a strategic response.
Source: YAHOO