In response to a new wave of inflation, BlackRock, Bridgewater Associates, and Pacific Investment Management Co. are adjusting their investment portfolios. A fund under BlackRock has taken short positions in U.S. Treasuries and British gilts to hedge against the possibility of failed rate cut expectations. Bridgewater Associates shows a preference for stocks, while Pacific Investment Management Co. is bullish on U.S. Treasuries with inflation-adjustment mechanisms, believing they can provide a buffer.
