BlackRock is avoiding investing in longer-term government bonds because these bonds are vulnerable to fluctuations caused by geopolitical and global fiscal risks. James Turner, the company's head of global fixed income for Europe, Middle East and Africa, said that they are currently very unwilling to accept longer-term bonds because this is a region in the sovereign bond yield curve that fluctuates sharply. Although the US interfered with the yen by selling the euro rather than the dollar, Turner believes that this decision is unlikely to have an impact on European government bonds, which indicates that countries around the world have generally become less cooperative.

BlackRock is avoiding investing in longer-term government bonds because these bonds are vulnerable to fluctuations caused by geopolitical and global fiscal risks. James Turner, the company's head of global fixed income for Europe, Middle East and Africa, said that they are currently very unwilling to accept longer-term bonds because this is a region in the sovereign bond yield curve that fluctuates sharply. Although the US interfered with the yen by selling the euro rather than the dollar, Turner believes that this decision is unlikely to have an impact on European government bonds, which indicates that countries around the world have generally become less cooperative.