
Artificial intelligence is reshaping fixed‑income markets, influencing capital demand, real interest rates, and debt issuance as firms fund AI infrastructure through bonds. Jeff Rosenberg of BlackRock Systematic explains how machine‑learning and generative AI enhance systematic investing, sentiment analysis, and issuer coverage. Modernization such as electronic trading and bond ETFs is improving liquidity and price discovery. These dynamics create both opportunities and challenges for investors navigating a data‑driven bond market.

Private markets are moving from niche institutional holdings into mainstream wealth management as companies stay private longer and financing shifts away from public exchanges. BlackRock’s Head of Product and Alternatives, Jon Diorio, explained that expanded access and advisor adoption are...