Rick Rieder speaking at the CNBC CEO Council Summit in Washington, D.C. on June 2, 2026.

Aaron Clamage | CNBC

Investors may be wary of the volatility hitting parts of the bond market right now, but they have an "historic" opportunity to grab attractive yields in high-quality credit, Rick Rieder, BlackRock's chief investment officer for global fixed income, told CNBC in an exclusive interview.

Hypothetically, it's now possible for investors to build a diversified portfolio that yields more than 7% with less than three years of duration and an average credit quality of A-, he said.…