Head of blackrock think tank: prefers overseas bonds over usa treasury bonds.

Blackrock's head of think tank, Jean Boivin, said that in the case where sticky inflation forces the Federal Reserve to stand still next year, investors should choose overseas bonds instead of long-term US bonds. "We believe that inflation will not get out of control, but it will not 'cooperate' to provide room for rate cuts," he said in an interview on Wednesday at Blackrock's New York office. "This is not the beginning of an easing cycle. Its nature will be an adjustment, a recalibration." Since the Fed started cutting interest rates in mid-September, the yields on 2-year, 5-year, and 10-year US bonds have risen from around 3.5% to over 4% due to robust economic data.

Global market broadcast.19:45 ET

Express News | Form 144 | Blackrock(BLK.US) Officer Proposes to Sell 50.44 Million in Common Stocks

Moomoo News18:27 ET

Sector Update: Financial Stocks Softer Wednesday Afternoon

MT Newswires13:43 ET

Market Chatter: HPS Investment Partners Seeks to Retain Employees Following Deal With BlackRock

MT Newswires12:16 ET

S&P and Nasdaq on Track for Third Record Close This Week | Live Stock

Kevin Travers11:17 ET

FHI Vs. BLK: Which Stock Is the Better Value Option?

Zacks Dec 4 10:50 ET