BlackRock's Rieder: 'Put Your Shoulder' Into Fixed Income

The transcript discusses the current economic policy, emphasizing a cautious approach to avoid excessive tightening. It debates potential pauses in interest rate hikes and their impacts on different income groups. The conversation highlights the effects of rate changes on borrowing and saving, particularly for lower-income individuals. Investment strategies are explored, focusing on the front end of the yield curve and extending into the credit market. The discussion concludes with an analysis of long-term interest rate trends and their implications for risk management.

In what ways do rising interest rates affect different income groups?

What strategies can be employed to manage interest rate exposure in the current economic climate?