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Rick Rieder - BlackRock's CIO for fixed income - is putting money to work in Spanish and Italian...

  • Thursday, August 16, 2012, 1:24 PM ET
    Rick Rieder - BlackRock's CIO for fixed income - is putting money to work in Spanish and Italian sovereign bond markets for the first time in a year, though he says it's just a small portion of the $620B he manages. His favorite sector remains high yield debt. Reider says low nominal yields make sense with Treasurys below 2%, and spreads have room to tighten further.
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This news story has 2 comments:

  •  
    This is absolutely stupid....
    16 Aug 2012, 01:52 PM Reply Like
  •  
    Another good fund is DHF. recently panned as an "underperformer" by an SA article on Aug 10, it has since stabilized after a sell-off that has placed it in the 10% yield category.
    16 Aug 2012, 04:17 PM Reply Like
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