Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, says bonds are not working as a hedge as yields on 30-year US Treasuries rose to the highest since 2007 this week. He talks about the factors he sees driving long-dated bonds and why he doesn’t see $100 oil derailing the US ...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-18/energy-stocks-are-best-portfolio-diversifier-koesterich-video)