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BlackRock’s Jean Boivin: We need to fight the appeal of just sitting in high-yielding, short-term government bonds

News Snapshot:

With just a handful of trading sessions remaining in 2023, many major equity markets across the world are closing out the year with attractive gains. To assess whether this strength can continue into the new year, The Globe and Mail recently spoke with Jean Boivin, head of BlackRock Investment Institute and a former deputy governor of the Bank of Canada, who discussed key market drivers and BlackRock’s 2024 outlook report on global markets released last week. When do you think we will see the next rate move and what’s your outlook for the Bank of Canada’s policy rate? We think…

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