BlackRock’s Rieder Sees Bond Manager ‘Nirvana’ in European Debt

BlackRock is loading up on European bonds, using currency hedges to boost returns in what Rick Rieder calls “a nirvana for a bond manager.”

By Katie Greifeld, Ye Xie · Bloomberg Markets

BlackRock is loading up on European bonds, using currency hedges to boost returns in what Rick Rieder calls “a nirvana for a bond manager.”