REUTERS SUMMIT-BlackRock’s Rieder selling U.S. credit, buying mortgages
Betting against a near-term
recession or further cuts in interest rates, BlackRock’s chief
investment officer for global fixed income Rick Rieder is
selling U.S. corporate debt and buying agency mortgage-backed
securities.
recession or further cuts in interest rates, BlackRock’s chief
investment officer for global fixed income Rick Rieder is
selling U.S. corporate debt and buying agency mortgage-backed
securities.
Posted by Reuters
