BlackRock’s Rick Rieder on Jobs Report, Fed Rate Cuts, Yields
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Rick Rieder, global fixed income CIO at BlackRock, says “hiring is stable, but I would say, broadly unimpressive,” as he examines the June US jobs report. He also discuses a timeframe for an interest rate hike from the Federal Reserve, the lack of forward guidance from the Fed, and where he sees yield opportunities. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergb
Tags: BlackRock Inc., Bonds, Business, Dani Burger, Federal Reserve, Investing, Kevin M. Warsh, Markets, Rick Rieder, U.S. Economy, U.S. jobs report, Unemployment, Yields, interest rate hike
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