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Treasurys Extend May Slump on Tariff Concerns
News June 02, 2025 at 04:46 PM
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What You Need To Know
- They continue to face pressure amid persistent concerns over the nation’s fiscal outlook.
- “Our strongest conviction has been staying underweight long-term U.S. Treasurys,” the BlackRock Investment Institute said.
- Amid persistent deficits and sticky inflation, the asset manager is watching to see whether Congress passes a budget bill that could push the U.S. deficit higher.
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