Macro· ★★★· bearish·

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