BlackRock’s Rick Rieder sees an opportunity for attractive yield
Income-seeking investors have plenty of opportunities despite the recent volatility in the 10-year Treasury yield. The yield has been climbing steadily this fall, reaching over 4% after Donald Trump’s re-election. However, it has since cooled to around 4.3%. BlackRock’s Rick Rieder suggests focusing on shorter-duration bonds, like high yield bonds and collateralized loan obligations, for…