BlackRock's Rieder on Corporate Bonds, Treasuries

The video discusses the current state of credit markets, highlighting the shift from treasuries to credit due to high demand and low default rates. It examines the persistence of issuance trends, the impact of monetary policy on market distortions, and the risks associated with high yield investments. The discussion also covers investment strategies, emphasizing diversification and the importance of understanding market dynamics.

What are the implications of the current high yield levels on market stability?

In what ways should investors approach diversification in the current credit market?