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BlackRock's Rick Rieder Highlights Attractive Yield Opportunities in High-Quality Bonds

CNBC ·

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  1. 1Rick Rieder, BlackRock's Chief Investment Officer of Global Fixed Income, said there is a historic opportunity to secure attractive yields in high-quality credit assets despite bond market volatility.
  2. 2He explained that it is possible to achieve yields of over 7% with a diversified portfolio featuring an average credit rating of A- and a duration of less than 3 years.
  3. 3As of October 20, the total bond issuance for Alphabet, Amazon, Meta Platforms, and Oracle reached approximately $228.4 billion year-to-date.

So what's the key point?

A BlackRock expert says there is an opportunity to earn good returns with high-quality bonds. It is a good opportunity for investors as yields of over 7 percent can be expected.

Source CNBC · View original ↗

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