BlackRock upgraded the allocation rating of US treasury bond bonds and downgraded the rating of US stocks to neutral

BlackRock Investment Research Institute upgraded the allocation rating of US treasury bond bonds and preferred short-term treasury bond bonds, while downgraded the rating of US stocks to neutral. BlackRock strategists said that higher yields and the excessive accounting of the market for the Fed's tightening expectations create space for adjusting the low allocation position of US treasury bond bonds.