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BlackRock Fund Manager Koesterich: Energy Stocks Are the Best Portfolio Diversifier as Bonds Are No Longer an Effective Hedge
svmuu.com18/08/2026 07:03
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BlackRock Global Allocation Fund portfolio manager Russ Koesterich said that this week's rise in 30-year U.S. Treasury yields to their highest level since 2007 has rendered bonds ineffective as a hedge. He also believes that $100 oil prices will not hinder U.S. economic expansion.
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