U.S. MARKETS COULD IMPROVE “SIGNIFICANTLY” IN THE SUMMER, AFTER FED’S QT HAS STARTED – BLACKROCK’S RIEDER
AT LEAST 90% OF THIS YEAR’S MOVE IN U.S. RATES ALREADY HAPPENED – RIEDER
TEN-YEAR TREASURIES COULD HIT 3.25%-3.5% CEILING IN NEXT FEW MONTHS BUT COULD DECLINE AFTER THAT