BlackRock said that while yields remain high, US Treasury bonds are providing investors with strong protection against falling. Chi Chen, senior portfolio manager at BlackRock, wrote in the company's third-quarter fixed income outlook that inflation and economic growth are expected to slow after the first half of this year. This change, combined with the widespread impact of artificial intelligence and the evolution of the economic environment, is creating “richer investment opportunities” in the fixed income market. Chen said that the yield on US Treasury bonds within a 10-year term is much higher than 4%, while the yield on longer-term treasury bonds is higher than 5%, which means investors get higher compensation for holding bonds. At the same time, current market valuations are “becoming more and more attractive.” At the time BlackRock made this judgment, the level of 30-year US Treasury yields made some investors worry about rising debt and stubborn inflation.

BlackRock said that while yields remain high, US Treasury bonds are providing investors with strong protection against falling. Chi Chen, senior portfolio manager at BlackRock, wrote in the company's third-quarter fixed income outlook that inflation and economic growth are expected to slow after the first half of this year. This change, combined with the widespread impact of artificial intelligence and the evolution of the economic environment, is creating “richer investment opportunities” in the fixed income market. Chen said that the yield on US Treasury bonds within a 10-year term is much higher than 4%, while the yield on longer-term treasury bonds is higher than 5%, which means investors get higher compensation for holding bonds. At the same time, current market valuations are “becoming more and more attractive.” At the time BlackRock made this judgment, the level of 30-year US Treasury yields made some investors worry about rising debt and stubborn inflation.