BlackRock Rushes to Short End as Goldman Alarmed

BlackRock Rushes to Short End as Goldman Alarmed

Scott Eells/Bloomberg

BlackRock Inc. signage is displayed in New York. BlackRock’s iShares Liquidity Income Fund will aim to oversee a portfolio of dollar-denominated investment-grade debt with a weighted average life that’s less than one year, according to a Feb. 4 prospectus.