BlackRock Sees ‘New Paradigm’ of Lower Yields for Longer

BlackRock Inc. says low yields on dollar bonds, already hovering at levels unseen in about a decade in Asia, are set to persist.

“With 30 percent of the world government bonds in negative territory and 70 percent of world government bonds yielding less than 1 percent due to the extended period of global monetary easing, we are in a new investment paradigm of yields being lower for longer,” said Neeraj Seth, Singapore-based head of Asian credit at BlackRock.