BlackRock's Rick Rieder told CNBC that investors have a 'historic' chance to earn attractive yields in high-quality credit despite bond market volatility. He said a diversified portfolio could now yield over 7% with under three years of duration and an average credit quality of A-, a level that usually appears only during economic or default problems, which he does not see now. Rieder favors investment-grade corporates, including hyperscalers like Alphabet, Amazon, Meta and Oracle, which have low leverage and strong cash flows, though they have issued about $228.4 billion in bonds this year. He advises patience since rates could still rise, and caution outside investment grade, especially AI data center debt not backed by hyperscalers. He expects the Fed to hike in December, though he disagrees, and flags rising government debt, with the US fiscal 2026 deficit at $2 trillion.
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Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/20/2026 | 101.70 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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