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0 0.00289883268482492 0.00243190661478599 0.00241245136186772 0.00444552529182873 0.0111211089494165 0.0127431906614785 0.0219747081712061
Stock impact report

Yield Bets Pay Off for Traders Willing to Tune Out War Risks [Yahoo! Finance Canada]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
The decision to buy bonds as Iran and the US exchanged missile-fire was always a high-stakes one. It required a belief that a spike in overall yields on the back of rising government borrowing costs would be enough of a buffer against a prolonged energy shock and the threat of inflation. The trade to lock-in higher levels of income is now paying off for portfolio managers on both sides of the Atlantic. Index returns for investment-grade bonds denominated in euros — a yardstick of the market's overall performance — are heading for their best month in more than a year while junk bonds in the single currency haven't gained this much since 2023. There have been similar swings to positive from negative in the US. “Over March we've seen a pretty significant repricing,” said Olivier Monnoyeur, Portfolio Manager, Euro high yield credit fund, BNP Paribas Asset Management. “That's the key shift — the entry point is now more attractive.” Higher bond yields give investors more room for ret Show less Read more
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