BlackRock’s Rick Rieder urges investors to show ‘dynamic patience’ — and get paid to wait

Amid the markets' twists and turns, BlackRock's Rick Rieder believes "dynamic patience" has become essential for navigating the turbulence. The 10-year Treasury yield hit a new high for the year after wholesale prices for April came in hotter than expected on Wednesday. The benchmark Treasury touched 4.49%, its highest level since July 17. The Dow Jones Industrial Average and S & P 500 moved lower, while the Nasdaq Composite was boosted by gains in chip stocks. …