Bloomberg interview: BlackRock’s Rieder on 10-year Treasuries taking a back seat and AI financing as the main theme
Rick Rieder, BlackRock’s chief investment officer of global fixed income, speaks with Bloomberg’s The Asia Trade: demand for 10-year Treasuries is muted even as their yield approaches 5%; portfolios yielding around 7% can already be assembled at the front end of the curve, and the 60/40 portfolio is outdated. Secured single-A-rated technology bonds issued to finance GPUs and data centers are emerging as the most attractive new opportunity in the bond market.
Bloomberg Television ·