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BlackRock Shifts from U.S. Treasuries to Euro Bonds

6/12/2025

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Summary

Story summary

BlackRock, the world's largest asset manager, is pivoting away from long-term U.S. Treasuries, opting for euro area bonds amid rising yields and a looming $1.9 trillion deficit for 2025. This strategic shift is stirring unease in the bond market, while high-yield corporate debt, such as the DoubleLine Yield Opportunities Fund, gains newfound allure.

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Story summary

BlackRock, the world's largest asset manager, is pivoting away from long-term U.S. Treasuries, opting for euro area bonds amid rising yields and a looming $1.9 trillion deficit for 2025. This strategic shift is stirring unease in the bond market, while high-yield corporate debt, such as the DoubleLine Yield Opportunities Fund, gains newfound allure.