BlackRock's Rieder Says It's a Good Time to Lock in Yield

The video discusses the current economic environment, focusing on inflation, income distribution, and the role of the Federal Reserve. It highlights the potential for higher inflation rates and the importance of closing the income gap. The speaker suggests that the Fed should adjust interest rates to allow the system to recalibrate. Investment strategies are discussed, emphasizing the benefits of locking in yields in a slowing economy. The video concludes with insights into the actions of central banks and their impact on the economic outlook.

What does the speaker mean by 'locking in yields' and why is it considered attractive?

Discuss the potential future of the economy as suggested by the speaker.