- Investors should pare their Treasury holdings because the U.S. will avoid a recession, BlackRock said in a research note, weighing in on the recent downturn talk currently being debated on the Street.
- "Economic indicators this week may show the U.S. economy experienced a mild slowdown but is not headed for a recession," according to the world's largest money manager.
- U.S. 10-year note yield -4 bps to 1.88%
- Previously: Oil sector bankruptcies will not trigger a recession (Mar. 20 2016)
- Previously: The 'perfect storm' has passed - Jefferies (Mar. 15 2016)
- Previously: There's a 30% chance of recession - MS (Mar. 14 2016)
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