I can’t tell you how excited I am that we are on the opposite side of BlackRock in this trade!
“✅BlackRock turns underweight on long-term Treasuries, citing higher borrowing
✅Optimism remains for AI-driven U.S. equities, despite uneven benefits”
December 2025
https://www.reuters.com/business/blackrock-turns-bearish-long-term-treasuries-ai-funding-wave-looms-2025-12-02/
@EdDowd
February 12, 2026 630 3
