Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, says bonds are not working as a hedge as yields on 30-year US Treasuries rose to the highest since 2007 this week. He talks about the factors he sees driving long-dated bonds and why he doesn’t see $100 oil derailing the US economic expansion. (Source: Bloomberg)
Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, says bonds are not working as a hedge as yields on 30-year US Treasuries rose to the highest since 2007 this week. He talks about the factors he sees driving long-dated bonds and why he doesn’t see $100 oil derailing the US economic expansion. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/c5ad8f9bc2db0287d856460700d609d8810d915c" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="BlackRock’s Koesterich Sees Energy Stocks as Best Portfolio Diversifier"></iframe>
