BlackRock's Rick Rieder: I Think Rates Can Come Down

BlackRock CIO of Global Fixed Income Rick Rieder sees a resilient US economy driven by a strong service sector, robust equity market techniclas, and moderating inflation. He warns, however, that the long end of the yield curve faces headwinds from rising debt issuance. Still, Rieder is bullish on transformative innovation, particularly AI, automation, and data-driven business models, which he believes mark the most exciting investment period in decades.