
BlackRock CIO Rick Rieder Rotates From Stocks Into 7-8% Bonds
- —Rieder oversees about $2.4 trillion at BlackRock
- —Bonds at 7-8% versus expected 10-12% equity returns
- —Rotation targets investment-grade credit, not risk assets
Why it matters: Rising bond yields sharpen competition for capital, creating a headwind for bitcoin and equities.
Source: Coinotag
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