Jeff Rosenberg, Chief Investment Strategist for Fixed Income, discusses the new expectations around Fed rate normalization and how negative interest rate policy (NIRP) elsewhere in the world affects the outlook and strategy for fixed income investors.
Municipal bonds started 2016 strong, as slowing economic growth and sharp volatility in equities and oil sent investors into safe-haven assets. BlackRock's Municipals Team maintains a constructive outlook for the tax-exempt asset class, while cognizant of the potential headwinds.
Municipal bonds emerged as the top-performing fixed income asset class of 2015. With many of the underlying drivers still in place, Peter Hayes and Sean Carney discuss what investors might expect in 2016.
The monetary policy cycle has dominated financial markets for years. As the global liquidity tide crests, the business, credit and valuations cycles should gain in importance. The BlackRock Investment Institute provides a roadmap for 2016.
While Puerto Rico grabs the headlines, overall creditworthiness among issuers of municipal debt remains solid. BlackRock Municipal Credit Research analysts discuss the broad backdrop and Puerto Rico s recently released turnaround plan.
Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained visiting the iShares ETF and BlackRock Mutual Fund prospectus pages. Read the prospectus carefully before investing.