BlackRock’s Koesterich Sees ‘Contained’ Rate Rise (Audio)

March 25 (Bloomberg) — Russ Koesterich, chief investment strategist at New York-based BlackRock Inc., which manages $4.3 trillion in assets, says the “large institutional bid” for fixed-income paper will help keep interest rates relatively low. Koesterich talks with Bloomberg’s Tom Keene and Michael McKee on Bloomberg Radio’s “Bloomberg Surveillance.”

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