Rise in yields has 'very little' to do with inflation expectations, BlackRock Global co-head says

• 10-year and 30-year Treasury real yields have risen significantly, with the 30-year yield hitting a multi-decade high.
• Investors concerned about duration can opt for short-end T-bills (e.g., SGOV) or floating-rate ETFs (e.g., TFLO, FLOT, CLOA) to capture advantageous yields.
• BlackRock offers a 'toolkit' of fixed income ETFs with competitive 30-day SEC yields, including SGOV (~4%), FLOT (4.04%), CLOA (4.85%), and BINC (5.48%).
• Laipply notes that the rise in yields is largely due to real yields, not widened inflation expectations, suggesting the Fed's credibility in managing inflation expectations.

BlackRock Global co-head Steve Laipply discusses the current bond market, noting that 10-year and 30-year Treasury yields are at multi-year highs, with real yields up significantly. He advises investors to consider short-end Treasury bills (like SGOV) or floating-rate ETFs (like FLOT, TFLO, CLOA) to lock in attractive yields, emphasizing that current yield increases are not primarily driven by inflation expectations.