🚨MAJOR: $14 TRILLION asset manager BlackRock ends its SIX-YEAR bearish stance on U.S. Treasuries while downgrading U.S. stocks to NEUTRAL. The world's largest asset manager is now OVERWEIGHT short-term Treasuries as yields hit multi-decade highs. BlackRock believes markets have priced in too many Fed rate hikes and warns of AI-related stock volatility, signaling a major shift toward bonds.