Markets

Apr 1: BlackRock on Fed and QE

Curtis Arledge, chief investment officer of fixed income at BlackRock, does not believe there is "going to be the gigantic spread-widening that some people have talked about" following the Fed's decision to cease purchasing mortgage-backed securities. He says BlackRock has had a more opportunistic approach to agency mortgage backed securities with "no significant view that they should be massively overweight or massively underweight."