BlackRock's Rick Rieder sees 'historic' opportunity in high-quality bonds
- Rieder said investors have an 'historic' opportunity to grab attractive yields in high-quality credit, and said the economy remains strong with no need to worry about defaults of any significance.
- He said it is hypothetically possible to build a diversified portfolio yielding more than 7% with less than three years of duration and an average credit quality of A-.
- Rieder said his best opportunity right now is in investment-grade corporate bonds, including hyperscaler bonds, and said rates could still move higher so investors should be patient.